The Security of Payment provisions of the Building and Construction Industry Fairness (Security of Payment) Act 2017 commenced on 17 December 2018. The webinar covers: new requirements for valid Payment Claims under BIF; Pros and Cons of the removal of the endorsement requirement; requirements for valid Payment Schedules; changes to time limits for Adjudication Applications and Adjudication Responses; Penalties and limits to Adjudicators’ Fees, as well as tips to ensure that your business is not caught out.
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Overview of the Building Industry Fairness (Security of Payment) Act 2017
10 December 2018