Building and construction payment disputes
With the exception of one section, the Construction Contracts (Security of Payments) Act (the Act) came into operation in the Northern Territory on 1 July 2005.
The Act covers construction contracts, whether or not in writing, for construction work performed on a site in the Northern Territory. It also covers contracts for the supply of materials and services associated with construction projects.
It provides an adjudication scheme for the resolution of payment disputes and also provides for minimum contract standards, by implying that certain conditions apply where the contract between the parties fails to cover the same issues in writing.
Resolution Institute (and previously the Institute of Arbitrators & Mediators Australia (IAMA) prior to its merger with LEADR to form Resolution Institute in 2015) has been a prescribed appointer under the Act since its inception in 2005 and Resolution Institute has many experienced registered adjudicators amongst its members.
To find out more about the adjudication process, click here to go to the Northern Territory Government's website.
To access a copy of the Act, click here