BIF Act
Did you know that:
- If you carried out construction or related work in Queensland the person that owes you money needs to tell you whether you are going to get paid within 14 days?
- If you were served with an invoice with words like “this is a payment claim under the Building and Construction Industry Payments Act” you have 14 days in which to respond, otherwise you may have to pay the entire amount of the claim?
The Building and Construction Industry Payments Act (“BIF Act”) has now become an integral part of getting paid for construction work in Queensland. The integral aspect of BIF Act is the very short timeline provided to make your case. In an environment where timelines are critical, you need access to specialist advisors who can give you the answers you need when you need them.
Romans and Romans Lawyers is a specialist construction law firm that is focused on providing its clients with timely and cost effective advice. Our firm has represented clients in BIF Act matters involving millions of dollars.
We appreciate the deadlines imposed on building industry participants in the context of BIF Act for both claimants and respondents. As we are experienced in BIF Act adjudication applications and responses, our firm is capable of mobilizing a team on short notice to meet the often onerous time requirements of the BIF Act. Under circumstances where you are unsatisfied with the result of a BIF Act decision, we are also able to advise further on your options in a commercial and expedient manner.
Another facet of our BIF Act practice area is advising clients with regards to best practices in issuing and dealing with BIF Act claims. We are able to advise on appropriately drafting BIF Act claims and invoices, incorporating terms in contracts and subcontracts consistent with BIF Act legislation, and regimes on how best to respond with BIF Act claims.
Please contact us to find out how we can be of assistance to your business.