Security of payments in residential building

Late payments can place enormous pressure on builders, subcontractors and suppliers. Victoria's security of payment legislation provides a statutory framework to help construction businesses recover progress payments, resolve disputes and maintain cash flow.

This practical guide explains who can make a payment claim, how and when claims must be served, what information must be included, and the rights available when a payment dispute arises. It also outlines the limitations that apply to residential builders working directly for homeowner clients.

Learn how adjudication works, understand the strict deadlines that apply to payment schedules and claims, and discover how SOPA deals with notice-based time bars and performance securities. Whether you're chasing an unpaid invoice or responding to a payment claim, this guide will help you understand your rights and obligations under Victorian law.

What does it include?

• Who can make a payment claim under SOPA? 
• Can a builder make a payment claim under SOPA against the homeowner? 
• Payment claim procedure for recovering progress payments 
• Responding to a payment claim 
• Adjudication 
• Notice-based time bars 
• Performance securities.