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Security Of Payment Act NSW is state based legislation, a set of laws, that enables persons (and or corporations) who have contracted to carry out construction work or provide related goods and services to resolve a payment dispute or non-payment in respect of the work carried out and or the related goods and services provided.

The idea behind the Security Of Payment Act NSW is to ensure cashflow is not disrupted indefinitely by a long, drawn out legal dispute that would be the case if court proceedings became necessary to recover a debt owed.

The provisions of the Security Of Payment Act NSW are intended to move a claimant and a respondent through a brief process quickly and cheaply.