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| 6 Jun 2013 Preliminary Agreements
A Preliminary Agreement (PA), or Preparation of Plans Agreement, is a common document used by builders dealing with clients in the early stages of building a new home. These agreements do not involve building work and are preparatory to entering a building contract. Some common features are: the consumer is committed to paying a “deposit”, […]
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| 6 Jun 2013 Put and call options
Property transactions using “put and call options” have been common in the Eastern States and are used sparingly in WA. This arrangement can be useful to both a vendor and a purchaser in certain circumstances. Put and call options give the purchaser the right to enter a contract of sale for land within a specified […]
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| 6 Jun 2013 Extension of Time
Most building contracts allow the builder to claim an extension of time for completion of the project where there is a delay which could not reasonably be foreseen at the time of contract signing. Such delays could include strikes, unfavourable weather and unavailability of materials or labour. However, the exact terms of the building contract […]
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| 6 Jun 2013 Employer Record Keeping
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| 6 Jun 2013 Bonding
Bonding is a term used in a number of contexts for people involved in the land development or building sectors. Below are two of these uses. In the land development sector, suppose a developer has a land sub-division requiring $10 million worth of civil work and provision of essential services, but has only completed $7 […]
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| 6 Jun 2013 Energy Rating
The Energy Rating Label was first introduced in 1986 in NSW and Victoria. It is now mandatory in all Australian states and territories for televisions, fridges and freezers, washers and dryers, dishwashers and air-conditioners to carry the label when they are offered for sale. The Energy Rating Labeling Scheme assists consumers with assessing the energy […]
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| 6 Jun 2013 Bricks
In the Perth metropolitan area, a large majority of all new homes are double brick structure. However in many regional areas of WA, framed construction is very popular. One of the main reasons why double brick is so popular is because of our sandy soil. The soil type is very stable with very little ground […]
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| 6 Jun 2013 Enterprise Resource Planning & Strategy
A company’s strategy is key to achieving a competitive edge in the highly competitive Australian construction industry. Therefore making the most informed strategic decisions as fast as possible can be of utmost importance. Informed decisions however stem from having access to up to date and accurate information. Many companies may think they have this, however […]
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| 6 Jun 2013 Building Documentation
When applying for a building permit, the documents required need to be to a “ready for construction” standard. The minimum requirements for a building project when it comes to documenting can be summarised as: Drawings or Plans – These describe visually, what will be built, where the building is situated, the size of rooms and […]
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| 6 Jun 2013 Earthworks
Risk of Owner Earthworks Some home owners take on the task of organizing the earthworks and their certification themselves, rather than the builder charging for the responsibility. The aim of this is often to reduce building costs, removing these works from the contract with the builder. This in theory sounds fine, until you […]