Payment, valuation, variations, retention and the final account. 174 pieces, no sign-up, and no piece that ends in a sales pitch.
Termination for default stops further sums becoming due until the account is drawn. Insolvency suspends the duty to pay or release retention from the insolvency event itself. The ordinary payment cycle no longer applies.
Read nowSilence after a payment application has a legal meaning. When your application already does the work, when to serve a payee notice under section 110B, and what silence means on a job for someone living in the house.
Read nowUnder Design and Build a divergence between the ER and the CP is where money quietly disappears. Whether resolving it is a paid variation or the contractor's own risk depends on the contract, and on where the divergence sits.
Read nowMonthly valuations, stage payments and milestones compared. How the date interacts with your own workload, and what happens to the statutory dates when the cycle slips.
Read nowA subcontract described as back-to-back with the main contract usually is not, in the ways that matter. The gaps show up in payment dates, notices and delay.
Read nowWhen an employer terminates for contractor default, the reckoning that follows weighs cost of completion and damages against what the contractor would have been due. It is a different exercise from a final account.
Read nowOn many standard forms a deduction for lateness has a formal sequence in front of it: a certificate recording non-completion, notice of the intention to deduct, and on Act jobs a pay less notice with the sum and basis. A deduction that skipped a step fails on paper.
Read nowEscrow, vesting certificates, staged payment and simply paying for less. Several cost nothing and are used far less often than bonds.
Read nowNine months at eight per cent margin, then two per cent in month ten. Nothing changed on site; the invoices simply caught up.
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