|
|
|
|
In
2002 the Victorian Government enacted Security
of Payment legislation aimed at providing
building industry contractors, subcontractors
and suppliers with a means of obtaining
quick, cheap and easy payment for work
or supplies provided to head contractors
or principals under building or related
industry contracts.
The legislation was substantially revamped
in 2006 for contracts entered into on or
after 1 March 2007. The legislation created
a process called 'Adjudication' under which
certain organisations ('ANA's') were authorised
by the Victorian Building Commission to nominate
Adjudicators to make decisions in respect
of outstanding payment claims made by participants
in the Victorian building industry.
Adjudication is a process that:
- provides for an Adjudicator to make
a decision on an outstanding payment claim
within 10 business days
- is a far cheaper and
much faster alternative to suing for payment
in a Court
- is an informal process and in many
cases can be undertaken without lawyers
BAV has been authorised by the Building
Commission to nominate Adjudicators to make
decisions on payment claims. This website
has been prepared by BAV to provide you with
the information you need to participate in
the adjudication process and it contains
sample forms prepared by the Building Commission
for your guidance.
There are very strict time limits that apply
when making a claim or responding to a claim.
If you wish to make a claim or apply for
adjudication of a claim, or if you someone
has made a claim on you, you should contact
BAV today.
|
|
Building Adjudication Victoria Inc.
Suite 222
439 Little Bourke Street
MELBOURNE VIC 3000
t : 03 9225 7326
|
|
|