The Security Of Payments Act ensures that if you have supplied services, work or goods within the Building & Construction industry, you can receive timely payment.
This legislation can significantly save your business time and expensive legal fees if you manage it properly – because you can apply without the need for an extensive litigation or arbitration process.
At Boutique Lawyers, our experienced team will help you secure progress payments via the security of payments act.
Security of Payments Act
Those that work in the construction industry are a highly-skilled group and almost always in demand, but the reality of working in this industry often means that you spend your free time chasing overdue payments. A lot of money is required to make any building or construction project a reality and so sometimes you may often feel at the mercy of the person holding the purse strings. However, under the Security of Payments Act protections are in place to ensure that your rights are covered and there is a structure in place for you to get paid when you are supposed to.
Here at Boutique Lawyers, we are a law firm that is comprised of lawyers and legal staff that are 100% focused on construction and building law. We are available to work with those that feel that they are unduly waiting on payments and believe that they may be able to put the law to work on their behalf.
We appreciate that your money is important and that while you wait to get paid this can put a strain on your resources. As such, at our boutique law firm, we operate a fixed-fee pricing system that gives you complete clarity in terms of what you will have to pay for our work, pre-litigation and pre-court. The beauty of this arrangement is that you will have a dedicated team working all the hours required to successfully conclude your case, and you won’t have to worry about each hour costing you extra.
An Act Designed to Protect Construction Workers Rights
The building and Construction Industry Security of Payments Act 2002 (Vic) is a state-based legislation that is in place to ensure the fair and timely payment for supplies delivered as well as work completed. It is essentially there to protect the rights of workers and to prevent the possibility of cash running out.
All workers deserve to be paid on time so that they can afford the basic luxuries that they are accustomed to and this act is in place to make sure that if you have been hired for work and have not been paid on time, there is a legal route that can be taken to recoup what is owed.
Here at Boutique Lawyers, we have assisted many construction workers with their claims in this regard, whether it was for single payments overdue, milestone payments or final payments in relation to the work that they completed on a project. Once a contract is in place then there is a legal obligation on those that commit to it to follow through and reimburse those whose services and expertise they have engaged.
We can help you gather the necessary information and prepare to present it when the time comes to make a claim. Having the backing of a team that is immersed in this kind of work 24/7 affords you the confidence to move forward and ensures that your rights will be upheld in full.
Getting You Back on Your Feet Faster
At Boutique Lawyers, we encourage those that wish to discuss their cases with us by availing of our free 30-minute consultation. The Security of Payments Act is something that we are very familiar with and we have extensive experience working with construction workers in successfully recouping the payments that were owed by enforcing the law on their behalf.
As such, why wait for that payment to come through, or spend another hour writing invoices or follow-up emails? Get in touch with our team today and we will complete the legal requirements needed to secure your payments and get you back on your feet faster.
Boutique Lawyers is a top law firm in Melbourne that specialises in building and construction law. Our construction & property lawyers are well versed in handling disputes, permits and contracts. Browse our website further or contact us to learn more.