Are you involved in a security of payment dispute? Ensure that you have lawyers that have will get you the best possible result in a quick and cost-effective manner.
In November of 2018, the Queensland Government announced the Building Industry Fairness (Security of Payment) Act 2017 (Qld) to replace the previous Building and Construction Industry Payments Act 2004.
This Act was significant as it introduced:
- Project Bank Accounts (PBA’s) for certain construction projects
- Amendments to the Queensland Building and Construction Commission Act 1991
- Penalty provisions
The Act introduced significant changes to security of payments.
Clifford Gouldson’s construction lawyers has extensive knowledge in resolving security of payment disputes – including adjudication – and payment claims under the Act. If you would like tailored, expert legal advice regarding complying with new act or resolving a security of payment dispute, contact one of our construction lawyers for further information or advice.