RICS DRS are proud to announce the next date in our popular intensive training series on New South Wales’s Building and Construction Industry Security of Payment Act. The course is set to be held in Sydney on the 11th of June 2010.
You can view the details of the course by downloading the course flyer.
Please visit our updated training schedule or security of payment training page for more details on how to register.
We look forward to seeing you at this event!
Dear Industry Colleague,
RICS Queensland cordially invites you to attend our March CPD lunch presented by Troy Lewis, partner with esteemed law firm, Holding Redlich.
The Building & Construction Industry Payments Act 2004 was created to provide an alternative to the court system and is a quick and easy cost-effective solution to resolving payment disputes. Five years on; has it worked and what changes are being considered to the Act?
Troy is a recognised industry expert in relation to Security of Payment work (both adjudication and appeals from adjudication decision) having advised on and/or been involved in Security of Payment matters in Queensland, Victoria, New South Wales, Western Australia and the Northern Territory. Troy is also the author of the Annotated RICS BCIPA on-line guide and (Please note: This is a recognised CPD event by: Valuers Registration Board of Queensland = 1.5 points)
Download the flyer by clicking here.
Sponsorship Would like to be a Corporate Sponsor for our next RICS CPD Event? If so, your company can achieve this for only $500.00! or; Alternatively, become a Corporate Sponsor (including table of 10) for $1,400.00 – If you wish to be one of our Event sponsors please contact Siân Retchless at sretchless@rics.org.au
Please find further details of this event attached.
Date: Thursday, 25th March 2010.
Venue: The Brisbane Club Post Office Square, 241 Adelaide Street Brisbane
Time: Arrival at 12.00pm for lunch served between 12.30 – 14.00 pm
Dress Code: Smart business attire
Cost*:
*(All are inclusive of GST) Please note that payment at the door cannot be accepted.
If you would like to attend, please complete the attached registration form and return to RICS Queensland either via fax: (07) 3360 0222 or Mail: PO Box 7815, Waterfront Place, Brisbane, QLD, 4001.
We look forward to seeing you at this event.
Greetings! We are pleased to announce that we have rescheduled our Queensland adjudicator training for the 10th and 11th of May, 2009.
Find out more details by looking at our training schedule, jump direct to our security of payment section or simply download the relevant flyer by clicking here.
Feel free to contact us should you need any more information.
RICS DRS are pleased to announce that our next BCIPA Intensive Training Course will take place in Brisbane on the 21st of May, 2010.
This is your chance to educate yourself on how to navigate the often confusing aspects of the Building and Construction Industry Payments Act.
Please contact our office for more information, or alternatively download a course flyer.
The RICS DRS have recently uploaded their Expert Determination Agreement and Guidance Notes. This document will give you required information about being on the RICS DRS expert determination panel plus some other guidance notes.
The document is available by clicking here or by accessing our expert determination page.
We have added some more courses to our first quarter training schedule. Have a look at the table below for information on training in security of payment and expert witness.
| Date | Event | Location | Flyer |
| 09/02/2010 | BCIPA One Day Intensive Training | Brisbane, QLD | PDF Link |
| 10/02/2010 | Expert Witness Registration Scheme | Sydney, NSW | PDF Link |
| 19/02/2010 | Expert Witness Registration Scheme | Melbourne, VIC | PDF Link |
| 24/02/2010 | Expert Witness Registration Scheme | Perth, WA | PDF Link |
| 04/03/2010 | Queensland Adjudicator Training | Brisbane, QLD | PDF Link |
| 12/03/2010 | BCISOPA One Day Intensive | Sydney, NSW | PDF Link |
In late 2009, all Australian states and territories have now passed Security of Payment Acts in an effort to improve cash flow throughout the entire building and construction industry.
The Australian Capital Territory’s Legislative Assembly passed their Security of Payment Act on 19 November 2009, known officially as the Building and Construction Industry (Security of Payment) Act 2009.
Jon Stanhope, MLA Chief Minister explained his reasoning behind the effecting of this legislation, stating that “The building and construction industry plays a critical role in the ACT economy. Throughout the 2007-08 financial year, there were over 15,000 people employed in the construction industry, and the value of building, construction and engineering work done in the ACT exceeded $2 billion.”
Similar to both the New South Wales and Queensland legislation, this Act is designed to facilitate recovery of payments under construction contracts in the building and construction industry. The Act will commence on the 1st July 2010. Please be aware that it will not apply to contracts entered into before commencement of the Act (1 July 2010).
In South Australia, the Building and Construction Industry Security of Payment Act 2009 received its Royal Assent on 10 December. Still no date from commencement of this act has been advised. This Act is based on the New South Wales legislation, but with some slight amendments.
And finally in Tasmania, the Building and Construction Industry Security of Payment Act 2009 enacted by His Excellency the Governor of Tasmania on 17 December and came into effect on that date. This legislation only applies to contracts entered into after that date and will pave the way for impartial payment standards for construction contracts.
For more information on this or anything else please do not hesitate to contact the DRS office on 1300 953 459.
On the 15th October 2009, Mr John Hargreaves MLA, Minister for Industrial Relations presented a bill for Security of Payment to the Legislative Assembly that will institute a statutory system is put in place to regulate the building and construction industry to quickly resolve payment disputes through an adjudication process.
The Minister commented that his reasoning behind this Bill is for “The building and construction industry plays a critical role in the ACT economy. Throughout the 2007-08 financial year, there were over 15,000 people employed in the construction industry, and the value of building, construction and engineering work done in the ACT exceeded $2 billion.”
Similar to the New South Wales and Queensland Security of Payment Acts, this Act is designed to facilitate recovery of payments under construction contracts in the building and construction industry, and for other purposes. The Act will commence on the 1st July 2010. For more information on this please contact the DRS office on 1300 953 459.
Recent times have seen a resurgence in the use of the “Subcontractors’ Charges Act 1974”.
Section 10 of the Act requires that a Notice of claim of charge be certified by a ‘Qualified Person’.
Please note that RICS DRS can provide the services of a ‘qualified person’ in the CBD at short notice. Please contact RICS DRS office should you require assistance.
The DRS would like to take this opportunity to thank your for your support throughout the year.
It has been an exciting and busy year around the office which culminated in our registration as an Authorised Nominating Authority in New South Wales during September 2009.
We hope you all have a safe and happy Christmas break.
Please read on for some important information regarding staffing and service during the upcoming festive season.
Please be aware that the doors to our serviced office location in Brisbane will be closed from noon on the 24th of December 2009.
However, DRS staff will still be available until 5pm AEST (Brisbane). Please feel free to contact us via telephone or email (contact details).
For documents to be physically served at our Brisbane location, directions will be posted at the entrance to our offices on how to get in contact with a DRS staff member.
While adjudication referrals received during the period 25/12/2009 until the 03/01/2010 will not be lodged until the 04/01/2010, the first valid business day after the Christmas break in the Queensland and New South Wales.
We will still be accepting adjudication applications for the Western Australian jurisdiction during this period.
The RICS DRS will be working on a skeleton staff during the period 24th of December 2009 until the 4th of January 2010.
We will recommend “all guns blazing” on the 4th of January 2010.
