Security of Payment

The South Australian Building and Construction Security of Payment Act 2009 came into force on the 10th December 2011 and under this legislation a large number of building and construction activities have been given increased statutory rights to receive fair and timely payments for works performed, or goods or services provided.

Edward Sain & Associates have been at the forefront of the implementation of this Act and offer services which in many cases will be the easiest and cheapest way to deal with Payment Claims and avoid issues associated with payments and having monies outstanding.

The best way is, where possible; avoid getting yourself in a situation where you are at a disadvantage by using Edward Sain & Associates to assisting you in;

  • Providing independent contract reviews and advice before you sign or accept an agreement or contract to minimise your risk and exposure to a level that is reasonable and manageable.
  • Providing advice and assisting  you to understand your rights and obligations under the terms of the agreement or contract you have  with your client and  how this impacts on requirements under the Building and Construction Security of Payment Act 2009 legislation
  • Providing assistance in liaison with your clients to minimise the potential for litigation, which can be expensive and time consuming when compared to utilising the provisions of the Security of Payment Act.
  • Providing advice or assisting in ensuring your Payment Claims and Payment Schedules meet the requirements of the legislation and are therefore protected.
  • Providing advice and solutions to cost effective ways of making your Payment Claims or dealing with the Payment Schedules you receive or are required to provide.
  • Providing advice or assistance in following up Payments and Claims
  • Providing advice or assisting in the preparation of Payment Claims including variation and contractual claims or entitlements that you are now able to claim under the Security of Payment Act legislation.
  • Where matters fail and there are few other alternatives providing advice, assistance, or the preparation of applications and submissions for Adjudication in compliance with the  Security of Payment Act legislation.
  • Providing support and assistance prior, during and after the Adjudication process

Questions in relation to the South Australian Building and Construction Industry Security of Payment Act 2009 (click a Question to see the Answer)

We at Edward Sain & Associates have in excess of 60 years of accumulative experience in the Building and Construction Industries  which combined with a sound knowledge of the Building and Construction Industry Security of Payment Act 2009 further reinforced with the  preparing , delivering and successfully completing a recognised Adjudicator training course and providing high level detailed services and advice to an Authorised Nominating Authority  throughout the process of gaining Ministerial approval are well equipped and  available to discuss and advise on your businesses specific requirements, needs, concerns or problems.
We are happy to assist you with all your enquiries as part of our “We sell a service not hours” philosophy and invite you to contact us if you require further information, assistance or direction.

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PROJECT MANAGERS
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