Articles

Residential Building Contracts where the Price Exceeds $20,000.00 (incl. GST)

The following contracting requirements apply to contracts to do "residential building work"where the contract price or (if the contract price is not known) the reasonable market cost of the labour and materials involved exceeds $20,000.00 (inclusive of GST) by virtue of the Home Building Act 1989(NSW).   Consumer Buildi...

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Requirements Applicable to All Residential Building Contracts

The following contracting requirements apply to all contracts for residential building work under the Home Building Act 1989 (NSW) (subject to applicable exemptions).   Deposit The maximum amount of a deposit that may be demanded or lawfully received for residential building work is 10% of the contract price (Section 8). ...

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Introduction: Contracting Requirements under the Home Building Act

Among other things, the Home Building Act 1989 (NSW) ("the Act") regulates the contracting requirements for any person making a contract to undertake 'residential building work'. Importantly, these requirements apply equally to any contract variations. The contracting requirements set out below apply to contracts entered...

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Security of Payments: Dates, Deadlines & Traps

  The Building & Construction Industry Security of Payment Act 1999 (NSW) ("the Act") is unlike any other law in the country (apart from its interstate equivalents).  The purpose of the Act is to improve cash flow for contractors, suppliers and professionals in the building industry ("contractors"). ...

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How to View Hidden Text in Word Documents

These instructions will help you view the hidden instructions contained in our Quotation Templates, Engagement Letter Tempates and Contract Variation Forms.
Download Guide to Making Effective Business Contracts - Contractors & Suppliers Download Guide to Making Effective Business Contracts - Business & Professional Services...

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