Question: Construkt Pty Ltd ( Construkt ) was engaged by Globular Pty Ltd ( Globular ) to build a mixed-use development on the Kingston Foreshore. They
- Construkt Pty Ltd ("Construkt") was engaged by Globular Pty Ltd ("Globular") to build a mixed-use development on the Kingston Foreshore. They used an AS2124-1992 contract which said that Construkt was to submit claims for payment on the 15th of the month. Globular was both the principal and the superintendent under the contract.
- Construkt commenced work on 21 July 2020, and submitted a claim for $280,000.00 on 14 August 2020. The claim stated that it was a claim made under the Building and Construction Industry (Security of Payment) Act 2009.
- Globular issued a payment certificate under the contract on 31 August 2020 which said it would only pay $140,000.00 of the claim. It alleged that the other $140,000.00 was not yet due because it related to materials that had not yet been delivered to the site.
- What are Construkt's options for recovering the rest of the payment?
- Now assume Globular issued the payment schedule on 28 August 2020. What are Construkt's options for recovering the rest of the payment now?
- If an adjudicator finds in favour of Construkt, but Globular does not pay, what are Construkt's options?
- If an adjudicator finds in favour of Construkt and Globular pays it, can it get the money back?If so, how?
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