Security of Payment Laws - Online CPD Building Courses

Security of Payment Laws - 2 CPD Points per Course

Learn the basics of the Building and Construction Industry Security of Payment Act 1999 (NSW), and how it applies to both persons who are claiming money, and also persons who have had money claimed against them.  This Online CPD Course is a comprehensive summary of the Act, and it also contains endless examples, as well a sample Payment Claim and a sample Payment Schedule.

1.   Introduction

2.   What is covered under Security of Payment Laws?

• What is “construction work”?
• What is “related goods and services”?
• Who is covered under security of payment laws?

3.   Right to Progress Payments

• What is a Reference Date?
• What if a contract states that ‘you will get paid when I get paid’?
• What type of work can I claim a progress payment for?
• What amount can I claim as a progress payment?
• When is the progress payment actually due?

4.   What is the procedure for claiming a progress payment?

• Payment Claim

5.   After a Payment Claim has been given, what options does the Respondent have?

6.   Adjudication

• What is adjudication?
• When can the Claimant apply for adjudication?
• How is an adjudication application made?
• After the adjudication application is made, what can the Respondent do?
• What does the Adjudicator do next?
• The Adjudicator’s Decision
• What happens after an Adjudication Decision is made?
• What happens if the Respondent fails to pay the adjudicated amount?
• Adjudication Certificate
• Suspension of the Works
• Serving Documents

Price: $69.00

2 CPD Points

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