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Topic:

Security of Payment Act

Contents

Related blog post

How to Submit a Progress Claim Under the SOPA

Learn how to submit progress claims under NSW's Security of Payment Act, with tips on contract clauses, legal compliance, and timely payments.

Payment Certificate Template

Free Payment Certificate Template! Simplify approvals, ensure transparency, and maintain accurate records for payments.

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Payment Schedule Meaning

DEFINITION

A Payment Schedule or sometimes called Payment Certificate or Progress Certificate is a formal document issued by the superintendent to a contractor in a construction project, certifying the amount of payment to be made to the contractor for work completed during a specified period. This certificate is a critical component of the payment process under construction contracts, serving as the basis for processing progress payments.

Posts on this topic

Security of Payment Act (SOPA) by State: Essential Insights for Industry Professionals

Security of Payment Act

Security of Payment Act (SOPA) by State: Essential Insights for Industry Professionals

In this article, we explore the intricacies of the Security of Payment Act (SOPA) across Australia, breaking down how each state's unique implementation ensures timely and fair payment practices within the construction industry

Security of Payment Act (SOPA) by State: Essential Insights for Industry Professionals

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