Exner Education

Security of Payment – Updates on Getting Paid

The Security of Payment Acts provides a quick, fair and low cost process for resolving payment disputes within the construction industry. It provides security that a person who undertakes construction work is entitled to receive and is able to recover progress payments for the carrying out of that work.

In our online video trainings below we show you:

  1. The key features of the Security of Payment Acts
  2. Security of Payment in Victoria, New South Wales and Queensland
    • What’s covered by the legislation and what’s not?
    • When & how to claim?
    • Claim exclusions
    • Process for getting paid

If you require information on a State not listed here please contact us and will be more than happy to assist with your queries.

Victorian Securities of Payment Legislation

This tutorial covers the unique points of Securities of Payment legislation in Victoria. The purpose of this legislation is to secure progress payments: milestone, one off and final payments for those undertaking construction contracts for goods and services.

The bill now includes owner/builders who engage contractors and trades people in a building contractor role. The tutorial covers the key features of the Victoria Security of Payment Act, a flowchart on how to make a payment claim and appoint an adjudicator to determine the payment required to the claimant. The tutorial highlights that ‘Pay if Paid’ and ‘Pay when Paid’ clauses are banned, regardless of what the contract says.

New South Wales Securities of Payment Legislation

This tutorial covers the unique points of the Securities of Payment legislation in New South Wales which was lately updated in 2014. The purpose of this legislation is to secure progress payments: milestone, one off and final payments for those undertaking construction contracts for goods and services.

The bill now includes owner/builders who engage contractors and trades people in a building contractor role.

The tutorial covers the key features of the latest NSW Security of Payment Act, a flowchart on how to make a payment claim and appoint an adjudicator to determine the payment required to the claimant. The tutorial highlights that ‘Pay if Paid’ and ‘Pay when Paid’ clauses are banned, regardless of what the contract says.

Queensland Securities of Payment Legislation

This tutorial covers the latest Securities of Payment legislation in Queensland. The purpose of this legislation is to secure progress payments: milestone, one off and final payments for those undertaking construction contracts for goods and services. The bill states that only claimant licensed under QBCC Act is entitled for progress payment.

The tutorial covers the key features of the Queensland Security of Payment Legislation, a flowchart on how to make a payment claim and appoint an adjudicator to determine the payment required to the claimant.

RTO Provider Number 22450
ACN 152 348 457