Getting the Payment Process Right and adding time is a Win/Win deal

Major contractors are struggling with the concept and the process of security of payment acts, including the Queensland BCIPA Act 2004.  The problem is they see the process as a precursor to dispute, rather than an effective, cost and time-saving process.  Fear takes over.  As a result, to circumvent the Act, they have come up with a non-compliant (but probably not illegal) process that puts contractors, subcontractors and quantity surveyors under enormous pressure to prepare and evaluate payment claims in 5 working days.  A complying process would allow up to 5 weeks.

Payment claim process for large contracts

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Adding thepowertool to your payment process not only turbocharges your business processes, but protects your valuable entitlements with the mobile Site Diary (pat. applied).