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Do you use sub-contractors or sub-consultants to perform some part of the work or services you are undertaking as part of a building and construction project in NSW? If your answer is ‘YES’ then: you are a ‘head contractor’ as far as the Security of Payment (SoP) Act is concerned; and you MUST provide a …
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Summary Applies to: NSW Construction Projects above $20 million where the Contract is entered into on, or after 1 May 2015 Obligation: Head Contractor MUST deposit Retention Money in Trust Accounts and hold that money on trust for relevant Subcontractors Head Contractors on Projects entered into on or after 1 May 2015 in NSW with …
Read MoreA further government back-flip on legislation prohibiting the sale of properties without a valid pool safety certificate has given property owners an additional 12 months to have their swimming pools certified. Due to a serious shortage of qualified pool inspectors, and fears that the delays in inspections would damage the property market, the NSW Government …
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The amendments to the Home Building Act (HBA) were introduced on 15 January 2015. The most significant amendment is the introduction to the ‘Major Defect’ test which replaced the ‘Structural Defect’ test. To satisfy the ‘Major Defect’, the defect must be in a major element of the building. This includes load-bearing components, fire safety systems …
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