Glossary
What is payment claim?
A payment claim is a written claim for a progress payment made under security of payment laws.
It must identify the work and the amount claimed, and in some states say it's made under the Act. It starts the clock for the other side to respond.
Example
A plasterer sends a payment claim to the builder at the end of the month for the work done that month.
In Australia
Requirements differ by state. See our security of payment guide for each Act.
General information only, not legal or financial advice.