Approved audit programs | Queensland Building and Construction Commission

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Those selected for audit are chosen either on a risk basis or from a random sample.

If it is determined that enforcement action is warranted following an audit, we will take a proportionate response that is likely to restore compliant behaviour and serve as a deterrent to future breaches. 

There are two approved audit programs currently in progress.

On 9 August 2022, the QBCC approved an audit program to check compliance with particular requirements under the Building Industry Fairness (Security of Payment) Act 2017. 

Purpose of the program

To ascertain compliance by licensees with their obligations under section 76 of the Building Industry Fairness (Security of Payment) Act 2017 to: 

  • pay the full amount claimed in a payment claim by the due date for the payment; or
  • respond, within the prescribed timeframe, with a payment schedule proposing a different amount, and pay that amount by the due date for the payment.

When the program starts

9 August 2022

The period over which the program is to be carried out

9 August to 8 October 2022

Objective criteria for selecting persons who are to be the subject of audit

The criteria for selection for audit will be:

  • QBCC licensees
  • The subject of two or more complaints for non-payment, underpayment or late payment between 1 August 2021 to 31 July 2022.

Purpose of the program

To ascertain compliance by trustees with their obligations under Chapter 2 of the Building Industry Fairness (Security of Payment) Act 2017 (BIF Act) relating to statutory trusts, and in particular, the administration of trust accounts.

The scope of the Audit covers compliance with all sections of BIF Act 2017 that refer to record keeping and administration of the project trust account and includes, but not limited, to the following:

  • Timeliness of necessary notifications.
  • Completed Monthly Bank Reconciliations.
  • Compliance around the administration of the deposits and withdrawals to and from the trust account.
  • Trust record keeping compliance.

When the program starts

19 September 2022

The period over which the program is to be carried out

19 September 2022 to 17 March 2023

Objective criteria for selecting persons who are to be the subject of audit

A person who meets the following criteria may be selected for the audit:

  • the person is a head contractor or related entity subcontractor; and
  • the person opened or closed at least one project trust account on or after 1 February 2022; and
  • the person has either not had a project trust account audited previously or was found to be non-compliant with section 19A, 20 or 20A of the BIF Act during a prior audit.

Last reviewed: 9 Aug 2022 Last published: 9 Aug 2022
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