The ABCC has begun a nation-wide campaign to educate contractors on their responsibilities to pay their subcontractors on time under the Code for the Tendering and Performance of Building Work2016.
The campaign is focusing on contractors’ obligations and subcontractors’ rights to expect timely payment for work undertaken.
Requirements of code covered contractors include mandatory reporting obligations when progress payments are disputed or delayed and compliance with state and territory laws.
It’s important that contractors meet their obligations under the Code, otherwise they risk possible sanctions from tendering for Commonwealth funded projects.
For more information visit the ABCC security of payment page.