If an adjudicator has awarded you an amount of money in a determination made under the Security Of Payment Act NSW, known a the “Adjudicated Amount“, the respondent has 5 business days to pay.

If the respondent fails to pay the adjudicated amount you are entitled to enforce the determination.

In addition to the adjudicated amount the adjudicator would also have apportioned the adjudicator’s fees, and decided what the applicable interest rate is on overdue amounts.

For assistance with recovering the money that your are entitled to you will need to engage a commercial agent licenced by the NSW Department Of Fair Trading.

For the best result, using a commercial agent that specialises in debt recovery for the building and construction industry is an advantage.

For specialist debt recovery of an adjudicated amount find a specialist licenced commercial agent here.