Lou Stojanovski and Tom Catalovski Construction Director NSW, Probuild
The “SOPA (Security of Payment Act) Toolbox” app has been developed by Director of Keystone Lawyers and expert in construction law, Lou Stojanovski.
Mr Stojanovski says he developed “SOPA Toolbox” to solve a problem he frequently sees with contractors missing out on progress payments because they are unaware of the security of payments system and deadlines. He also sees builders fail to respond to claims on time forcing them to make payment on claims they may otherwise dispute.
The app reminds builders and subcontractors of deadlines and takes them through every step in what can be a complex process.
Mr Stojanovski said “SOPA Toolbox” is an example of how technology is changing the way consumers interact with the law.
The app interprets the flow of the legislation for users, guides them through the steps in the process and provides downloadable relevant documents” Mr Stojanovski said.
Important dates are automatically stored on the user’s calendar and reminders prompt you what do next”.
“SOPA Toolbox” takes the guess work out so you don’t miss out on getting paid. It is a must-have tool for everyone in the construction industry Australia-wide” he said.
At $9.95 per month, it is a cost-effective solution that avoids the expense of a lawyer unless it is absolutely necessary.
The Security of Payments Act gives all contractors undertaking construction work and suppliers of goods or services the right to receive ‘progress payments’ for work performed. It sets down maximum payment deadlines and the option of adjudication if payment is not made on time.
The app has been configured for variations in legislation across each Australian State and Territory. While it does not replace the importance of carefully reading contracts, it is a simple tool that can track progress claims and responses to help ensure construction industry workers are paid on time.
Further Information
“SOPA Toolbox” is currently available for iPhone users via iTunes. An Android version is in development. A free trial is available. Subscribe to access to all features.
For more information visit www.sopatoolbox.com.au or download the app from iTunes.
Keystone Lawyers is based in Newcastle NSW but serves clients nationally.