Security Of Payment NSW – W Guthrie

The 26 year history in the contracting industry makes Bill extremely aware of the needs of contractors to be paid for works carried out and he is an expert in Security Of Payment in NSW. Links with ANA’s allows you to have matters of up to $5,000.00 for adjudication for a fixed sum of $500.00. If you need assistance in the preparation of your claim or you need assistance with the preparation of your payment schedule Bill Guthrie can manage your submission for you. We like to call it affordable justice. For more details on the Security Of Payment Act click here.

In 1999 the NSW Government introduced the Building & Construction Industry Security Of Payment Act.

It is a form of alternative dispute resolution (ADR) designed to help those in the construction and related industries with the cash flow of their business and relieve the business from some of the financial burdens and inherent delays in taking a matter to the courts.
With over thirty years experience in the construction industry and with the quasi legal qualifications to support the experience our group is in a unique position to offer assistance to those who find themselves in a position where they feel payment has been unjustly withheld or alternative payment has been unjustly demanded.

The process is expedited by the use of the adjudication process via an ANA rather than by the court system.
The adjudication process is inherently a faster and less costly form of ADR for those in the construction and associated industries.
(See PDF link).

            It does not matter what section of the industry you are from we can service yours needs.

Object of the Act
Gives the claimant a statutory right to make progress payment claims and receive payment, even where the contract has no provision for progress payments. If you legitimately do the work you are entitled to be paid.

The Security of Payment Act is devised to allow the supplier of goods and services to be paid in good time for the works done as per the agreement or contract. 

As many public authorities, developers, builders big and small have discovered, the Act is changing the way they treat their contractors with regard to the right to proper progress payments regardless of the contract.

Deceptive conduct under the contract is no longer acceptable and more importantly not a profitable way of treating their contractors and suppliers.

1. The object of this Act is to ensure that any person who undertakes to carry out construction work (or who undertakes to supply related goods and services) under a construction contract is entitled to receive, and is able to recover, progress payments in relation to the carrying out of that work and the supplying of those goods and services.
   
   
2. The means by which this Act ensures that a person is entitled to receive a progress payment is by granting a statutory entitlement to such a payment regardless of whether the relevant construction contract makes provision for progress payments.