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Changes To Security Of Payment Act NSW For Residential Owner Occupiers

Building & Construction Contractors Can Now Make A Claim Under The Security Of Payment Act NSW Against Residential Home Owners

As of 1 March 2021 building and construction contractors in New South Wales can make a claim for their work under the Building And Construction Industry Security Of Payment Act 1999 (NSW) against owner occupiers for work carried out at the residence where the home owner resides or intends to reside.

To be precise, the Security Of Payment Act NSW now applies to building and construction contracts entered into on or after 1 March 2021.

This is a vital development for contractors dealing with disputes and slow payment, and non payment who have carried out building and construction work for people in the homes they reside in or intend to reside in.

There are some crucial steps and details to follow to ensure that your claim is validly made under the Building & Construction Industry Security Of Payment Act 1999 (NSW) so that you are successful at adjudication and we will help you navigate those steps and details to ensure you progress through the process with confidence.

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COVID19 Pandemic Does Not Limit The Powers of Security Of Payment Act NSW

The world is in the grip of the most deadly pandemic in over 100years.

Now more that ever in these uncertain times the Security Of Payment Act NSW ensures claimants have a pathway to recovering monies they are owed for building and construction work in NSW.

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Amendments To SOPA NSW Commenced 21 October 2019

Key amendments to the Security Of Payment Act NSW come into effect for all NSW building & construction contracts entered into on or after 21 October 2019

What does this mean for you?

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Watch This Space

Stay up to date with all of the Security Of Payment NSW News and Caselaw developments that affect your business.

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