Security of Payment case study
Tuesday November 24 2015
The Building and Construction Industry Security of Payment Act 2002 (the SOP Act) helps ensure that any person who carries out construction work or supplies related goods and services under a construction contract gets paid. It is a fast and inexpensive process to recover payments due under a construction contract, potentially avoiding the need for lawyers to get involved.
SOP case study provides just one example of the many situations where the Security of Payment can help building and construction industry contractors to get paid.