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8 results for security of payment.
  1. 1. WA security of payment reforms: liens over unfixed plant and equipment  Any principal or head contractor being supplied with unfixed plant or materials should take note that section 64 could have a significant impact on the progress of construction works if an unpaid claimant exercises the SOPA lien over those goods.  Article, 30 Nov 2022
  2. 2. WA's new Security of Payment laws toolkit  Any construction contracts entered into on or after 1 August 2022 will be subject to Stage 1 of Western Australia’s new security of payment regime under the Building and Construction Industry (Security of Payment) Act 2021 (WA). This resource kit will help you to navigate the significant changes to the legislative landscape introduced by the SOPA, including providing you with practical insights into the application of the SOPA and tools to help you ensure that you and your organisation are aware of and compliant with the changes which have come into force with the first stage of the Act.  Article, 8 Sep 2022
  3. 3. WA security of payment reforms: No payment, no work – A contractor’s right to suspend for non-payment  The expanded right to suspend work will operate in addition to other SOPA rights a contractor may opt to exercise in the event of non-payment.  Article, 8 Sep 2022
  4. 4. WA’s security of payment reforms: Preparing your contracts, policies and procedures and education  There are some basic practical steps that can be taken now to enable you to address and manage the changes introduced by WA’s new security of payment laws, but some are more important than others.  Article, 8 Sep 2022
  5. 5. Mind your business: Application of Victorian Security of Payment Act to contracts for mixed-use developments  If "domestic building" isn't delineated clearly, there could be some unpleasant surprises down the track if security of payment claims arise.  Article, 24 Jun 2022
  6. 6. SOP clarified: meaning of "arrangement" and the risk of claiming payment for work under multiple construction contracts  Recent judgments of the NSW Supreme Court have clarified the meanings of the term "arrangement" and the "one contract rule" under the Building and Construction Industry Security of Payment Act 1999.  Article, 23 Dec 2021
  7. 7. Payment withholding requests and statutory charges: Upstream parties beware!  New measures for securing adjudicated amounts strengthen the hand of those pursuing payment and have significant implications for principals, developers and lenders.  Article, 6 Aug 2020
  8. 8. The WA Government's move to national consistency on security of payment takes another step with new exposure draft Bill  If adopted, the Building and Construction Industry (Security of Payment) Bill 2020 (WA) would more strictly regulate the process for claiming and certifying amounts due under construction contracts.  Article, 25 Jun 2020