If you are answering it, the reply has to do four things
A payment schedule is not a letter saying you're unhappy. It is a defined document, and the Act is strict about what it has to contain.
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Identify the payment claim it responds to
Enough that there is no doubt which claim you are answering — their reference, the date, the amount claimed.
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State the amount you propose to pay
A number, even if that number is nil. "We'll come back to you" is not a scheduled amount, and a schedule without one may not be a schedule at all.
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Say why it is less than they claimed
If your number is lower than theirs, the schedule must indicate why.
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Give every reason you are withholding payment
Each one. Defects, incomplete work, back-charges, delay, materials never delivered, the variation you never approved, an unlicensed contractor, a missing insurance certificate — all of it, in this document.
And this is the part that catches people. Section 20(2B) is blunt: the respondent cannot include in an adjudication response any reason for withholding payment unless it was already in the payment schedule. Not "we mentioned it on site", not "they know full well" — if the reason isn't in the document, it cannot be put. Worse, s 20(2A) means that if you served no schedule at all you cannot lodge a response in the first place. A schedule written in an hour to get it off your desk is the ceiling on every argument you will ever be allowed to make about this claim.
Before you rely on this
They are counted from the date you entered, in business days as the Act defines them —
weekends, NSW public holidays and 27–31 December excluded.
Three things this cannot know.
When the claim was actually served. Day zero is the day it reached the other party —
not the day it was written, dated or sent. If that is in doubt, every date above moves with it.
What your contract says. A contract can shorten the payment schedule window and can bring the
due date forward. It cannot push payment out beyond the Act — except on an owner-occupied home,
where it can.
Whether the claim is valid at all. Licensing and insurance can remove the entitlement to
payment entirely, and that is not a date question.
These deadlines are unforgiving: miss one and the right is usually gone, not merely weaker. This is
general information about NSW law, not advice about your matter. If a date above is close, get
advice before you rely on it.