Author Archives: RICS Web Support

Penalty and interest rates under BCIPA

Posted on March 30, 2012 by RICS Web Support

With regards to the Building and Construction Industry Payments Act (BCIPA), RICS DRS will apply interest pursuant to Section 67P of the Queensland Building Services Authority (QBSA) Act (the penalty rate) on a ‘compound interest’ basis in adjudication certificates. Neither … Continue reading →

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DRS May Update

Posted on May 9, 2011 by RICS Web Support

Adjudication: RICS DRS is the only body authorised to appoint adjudicators in all Australian jurisdictions with active security of payment legislation. During 2011 hopes to apply for authorisation as an Authorised Nominating Authority in SA under the Building and Construction … Continue reading →

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Expert Witness Workshop Roll Out

Posted on April 3, 2011 by RICS Web Support

Expert witnesses play a crucial role in property and construction disputes which are often decided on expert evidence. The current economic climate is likely to bring an increase in disputes and a growing need for experts who can deliver reports … Continue reading →

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New RICS DRS Website

Posted on March 9, 2011 by RICS Web Support

RICS DRS are pleased to announce the implementation of our new look website. We hope to increase readability, accessibility as well as the quality of the information within the site. Please bear with us as we iron out all the … Continue reading →

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