For a final repayment, a case has to be made within 6 months of the work being done or the relevant items and services being supplied, or the duration defined in the agreement. Safety of payment schedule security of payment act reforms are aimed at addressing significant problems encountered by market professionals and subcontractors around fair and timely repayment for their completed work.

Cash owed to the service provider can be held while the dispute is being chosen after that redirected to a subcontractor after a court choice is made. Under section 109 of the Safety And Security of Settlement Act, a subcontractor can lodge a notice of case to recoup exceptional settlements owed under an agreement by an entity greater than a professional in the contractual chain.

In the industry, the Act is generally known as the Security of Settlement Act", where safety of settlement describes a service provider's right to obtain payment as it drops due under a contract. A repayment insurance claim made by a head professional must be come with by a supporting declaration that declares all subcontractors have been paid.

An arbitrator will assess the settlement case and may ask for written submissions from the parties. Efficient resolution of disputes for the building and construction market. The Structure Sector Justness (Safety And Security of Settlement) Act 2017 provides a debt-recovery procedure for who operate in the construction sector in Queensland.