The BIF Act like all security of payment is about increasing cash flow fast. There is still a responsibility on you, the claimant:
to enforce your right to be paid within the strict time frames; and
to know how the law works to your benefit
Otherwise don’t expect security of payment to help you.
For more information see:
Our article: www.subcontractors.arbuildinglaw.com.au/single-post/2019/03/14/subcontractor-what-are-my-time-frames
Our easy, video based online course: https://courses-arbuildinglaw.thinkific.com
