The Property Council has provided a submission on the Building and Construction Industry Payments Amendment Bill 2014 to the Transport, Housing and Local Government Committee.
The submission supports amendments outlined in the Bill including:
The establishment of an independent Adjudication Registry within the Queensland Building and Construction Commission to register and appoint adjudicators.
The introduction of a 'dual model' claim regime which grants extended timeframes for large or complex claims.
The extension to the timeframes within which a respondent must provide adjudication responses.
The amendment to the definition of 'business days' to exclude the 3 business days before Christmas until the 10 business days after New Year's Day to reflect the industry shutdown.
The Property Council’s submission is available at the PDF link below.