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5 results for wa 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: The new adjudication process  Contracts entered into after 1 August 2022 will be subject to a revised statutory adjudication process, which differs to the existing process under the Construction Contracts Act 2004 (WA) (CCA). The changes will significantly impact the way construction contracts are currently administered and managed, with parties having to manage and comply with shortened time frames for completing various steps, along with newly introduced obligations for claimants and respondents alike.  Article, 8 Sep 2022
  4. 4. 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
  5. 5. 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