In 1999 the NSW Government introduced security of payment legislation that established new rights for parties seeking payment for work they have done and the plant and materials they have supplied.
The Building and Construction Industry Security of Payment Act 1999 NSW represents an ongoing commitment by the NSW Government in maintaining the stability and efficiency of the construction industry.
The Act's hallmarks are quick adjudication of disputes over progress payments and provides for a fairer and quicker payment system for all parties in the industry.
Adjudication Statistics
View Adjudication Statistics for the Security of payment Act:
Security of Payment Act Flow Chart
View Security of Payment Act Flowchart.
Further Information:
For information related to adjudication, please refer to an Authorised Nominating Authority.
NOTE FOR LEGAL ADVICE YOU MUST CONSULT A SOLICITOR. No legal advice is provided by the Department of Commerce or NSW Procurement.
Contact details
For further information please contact:
NSW Procurement Client Support Centre
Telephone: 1800 NSW BUY (1800 679 289)
Email: nswp_support@commerce.nsw.gov.au
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