Monthly Archives: May 2010

Look out for Icebergs? – What you see may not be what you get.

A recent Qld Supreme court decision is a clear warning to the construction industry that it is a high-risk strategy to amend clauses in standard contracts without aligning them to the legislated payment processes under the Payment’s Act and without a clear understanding of the operation or intent of the Act. Contractors and subcontractors should be wary of signing agreements or being involved in informal processes that attempt to establish an entirely unnecessary “pre-agreement” to the legislated payment process. Continue reading

Advertisements
Posted in Contract Management, NSW (BCISoPA), Queensland (BCIPA), Security of Payment, Victoria (BCISoPA) | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Timeframe to serve / lodge documents under the Act

The parties are required to comply with the strict timeframes referred in the Act for serving / lodging the various documents. If the parties fail to comply with the timeframes referred in the Act then they may not able to … Continue reading

Posted in NSW (BCISoPA), Queensland (BCIPA), Security of Payment | Tagged , , , , , , , , , , , , , , , , | Leave a comment