Tag Archives: BCIPA

CPD – ENTITLEMENT – Part 4 The Building and Construction Industry Payment’s Act 2004 (The Payments Act), No. 5 – Duplicate Contracts and Defects

Duplicate Contracts When the documents aren’t up to a lump sum price contractors often sign a cost-plus contract for the work plus a lump sum contract for the Bank to help the client with its funding.  It can be a … Continue reading

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Case Note – When is a Builders Licence not a Builders Licence?

 Introduction It is a common battleground in adjudications taking place in Queensland under the Building and Construction Industry Payments Act 2004 (Qld) (BCIPA) that issues relating to the licensing status of those that perform building work and the type or … Continue reading

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Suspending Work on Site – Another very good reason to use Payments Acts for “Business as Usual”

Lately, we have seen a rash of subcontractors voting with their feet over non-payment and other disputes on site.  The trouble is, by not complying with legislation, they put themselves in a very vulnerable position rather than a very strong … Continue reading

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Payment and Licencing – Think about it; every time.

I took a call this week from a distressed (small) subcontractor who had not been paid for his work.  He had been working as a labour-only subcontractor to a licenced subcontractor.    The subcontractor was terminated by the builder who … Continue reading

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CPD CPD Security of Payment 2012/6 – ENTITLEMENT – No. 3 -The Importance of a Payment Schedule

ENTITLEMENT – Part 4 The Building and Construction Industry Payment’s Act 2004 (The Payments Act), No. 3 – The Importance of a Payment Schedule? Quick Facts:  63.5% of claimant’s got the full amount claimed.  BUT the success rate dropped to … Continue reading

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Cash flow – the lifeblood of your business

Doom and gloom can be found on the pages of any financial publication, but what every business needs is a proactive mindset. At Ledger Guard, we are always harping on about cash flow, with good reason. Cash flow isn’t merely … Continue reading

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CPD CPD Security of Payment 2012/5 – ENTITLEMENT –No. 2 – What’s in a Payment Claim?

ENTITLEMENT – Part 4 The Building and Construction Industry Payment’s Act 2004 (The Payments Act), No. 2 – What’s in a Payment Claim? Quick Facts: Business Failures – 400 Queensland businesses went into legal protection in July and August.  Was … Continue reading

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