Home > Kreisson Legal discusses the role and implications of the Building and Construction Industry Security of Payment Act 1999 NSW (SOPA) on builders.

Kreisson Legal discusses the role and implications of the Building and Construction Industry Security of Payment Act 1999 NSW (SOPA) on builders.

Supplier News

Kreisson Legal discusses the role and implications of the Building and Construction Industry Security of Payment Act  1999 NSW (SOPA) on builders.

It is important that builders become aware of the the fact that SOPA can modify the parties’contractual positions, expectations and risks and the fact that the Supreme Court is becoming increasingly reluctant to interfere with the determinations by Adjudicators which is consistent with the scheme of SOPA.

Kreisson argues that builders need to be educated in respect of their exposure under SOPA and in the proper administration of procedures under SOPA and be aware that contractual shields and defences cannot provide any real comfort if the terms of the contract offend SOPA and limit the rights of a claimant.

Newsletter sign-up

The latest products and news delivered to your inbox