NECA WA Hold FREE Security of Payment Seminars

NECA WA are holding free Security of Payment Seminars. These seminars are run by CSI’s MD, David Court.

Anyone who has watched the television or read the newspapers recently will have seen a number of stories about contractors not being paid on both large and small jobs throughout Western Australia, for example the Perth Airport and Perth Children’s Hospital. Contractors are going broke as they wait to be paid and that in turn causes other companies to go broke. Even though the maximum payment terms for construction contracts are 50 days, we’re seeing examples like Rio Tinto trying to extend their payment terms to more than 90 days.

Read more here.