Tag Archives: Construction Industry Payment Practices

Understanding the Consequences of Non-Compliance with Payment Claim Responses under the Security of Payment Act

The Security of Payment Act (SOPA) serves as a crucial legislative framework designed to ensure swift and fair payment practices within the construction industry across various Australian jurisdictions. A fundamental aspect of SOPA is the provision for Payment Claims and Payment Schedules, mechanisms that facilitate the resolution of payment disputes and the protection of cash flow within construction projects.