Warning for lawyers dealing with Security of Payment Act claims

The Legal Practitioners Liability Committee has published a warning on its website for legal practitioners who may fail to follow the very strict requirements set out in the Building and Construction Industry Security of Payment Act 2002 (Vic). 

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How to prepare or oppose a payment claim under the Security of Payments Act

Are you a solicitor acting for a contractor or sub-contractor owed outstanding progress payments for works pursuant to a construction contract (within the meaning of the Domestic Building Contracts Act)?

If so, a Payment Claim under the BCISP Act (“Act”) may be a relatively speedy way to recover this sum for your client.

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