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Most builders have been in a situation where the owner cancels a building project before a contract has been signed. This can be a headache – especially when you have already invested substantial time and money to get the project off the ground. A preliminary agreement is your chance to protect yourself and ensure you get paid, regardless of whether the job goes ahead.
A preliminary agreement can cover the time and money you spend to obtain data, engage an architect, submit applications for approvals and any other works you complete before you’ve inked a formal building contract.
Learn about the laws, what to include in them and how you can get paid in this “how to” guide to preliminary agreements.
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This article will help you navigate setting up a preliminary agreement at the early stages of a building project and details how they can protect you from completing unpaid work pre-contract.