In March this year the Federal Government introduced national consumer laws that affected standard form contracts
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This information sheet will help you understand what Prime Cost items and Provisional Sum items are, and how to use them under HIA ACT Residential Building Contract for New Dwellings Contract and/or Alterations and Additions Contract.
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Provided they are administered correctly, cost plus contracts can be a useful alternative to a fixed price contract, especially where the price of the work can not be adequately determined prior to commencement or where the cost of materials being used are particularly volatile.
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The Trade Practices Amendments (Australian Consumer Law) Bill 2009 was recently passed by Federal Parliament.
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You have completed the building works under the contract – what do you do next to be paid? If you do not follow your contract properly then you may compromise your right to get paid quickly or at all.
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Members often find themselves in dispute relating to recovery for unsigned variations and delays in completing construction. These issues may be avoided by adopting better contract administration procedures. This information sheet will focus on these two common areas of dispute. It will also outline how a builder can claim for an extension of time and variation.
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This information sheet deals with the concept of the commencement date, extensions of time and suspension of works under the HIA contracts New Homes, and Alterations, Additions and Renovations.
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Before you can begin building, you must have been given permission by the client to enter onto their land to perform the works. Under our contract, the permission is described as a “licence”.
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This information sheet will help you understand what Prime Cost items and Provisional Sum items are, and how to use them under the HIA New Homes Contract or the HIA Alternations, Additions and Renovations Contract.
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This information sheet explains practical completion under HIA ACT New Dwellings and Renovations and Additions Contracts.
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What are the statutory warranties? How long do the warranties apply?
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This information sheet explains when you need to obtain warranty insurance for domestic building work.
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HIA’s QC1, QC2, QC3 and Small Works contract entitles the builder to charge Default Interest on outstanding monies owed.
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Practical completion can be a confusing time for both the owner and builder when the correct procedures outlined in the contract are not followed. Owners have a perception that every single item will be completed in accordance with the contract. However, for a number of reasons outside the builder’s and owner’s control the home may be practically complete for the purpose of handover and payment and not be absolutely complete.
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You have completed the building works under the contract – what do you do next to be paid? If you do not follow your contract properly then you may compromise your right to get paid quickly or at all.
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