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ARTICLE · 06 OCTOBER 2014

Important BCIPA changes passed by Queensland Parliament

Cooper Grace Ward
Cooper Grace Ward
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The amending bill was passed on 11 September 2014 and will bring into effect significant changes to the existing regime.

AustraliaReal Estate and Construction

Earlier this year we reported on some proposed key changes to the Building and Construction Industry Payments Act 2004 (Qld) (BCIPA) that had been presented to Parliament. The Bill that was considered was passed on 11 September 2014 and will bring into effect significant changes to the existing regime.

The Bill sets up the planned dual regime, which allows claims to be classified as 'complex' claims where the claim is over $750,000 or is for latent condition or a time related cost.

Other important changes include:

  • A new system for complex claims under which the time for a respondent to provide a payment schedule will be extended to 15 business days.
  • Time frames will be extended to 30 business days if the payment claim for a progress claim is served more than 90 days after the date in the contract on which a claim for progress payment may be made.

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