Avoid security of payment exposure this festive season
Payment claims under the security of payment legislation are often served during the holiday period.
Companies can be exposed simply by being out of the office. You can protect your organisation by having the right people and resources on hand to act promptly if a claim is served during the holiday period.
Parties can be exposed because:
- upon receipt of a payment claim, the respondent must serve a payment schedule within the time limits prescribed by law
- upon receipt of an adjudication application, the respondent must provide its detailed adjudication response within the time limits prescribed by the law…
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