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As a Building Contractor, you have the right to protect yourself by using the BUILDSAFE® Security of Payment Scheme (Escrow) and you should insist on exercising that right in the face of any Home Owner opposition.
You have the right to ensure that security for future payments is held by a fair, independent and neutral third party with no financial interest in, or liability for, the construction contract. You must use formal conditions of contract to record the bargain you have made with anyone that you contract with. You must ensure that there is proper and adequate insurance cover to protect you from loss in the event of an accident or disaster occurring, and should a dispute occur, you are entitled to have that dispute resolved fairly, promptly and cost effectively. So please, be smart and let us help you BUILDSAFE®. |
