COST PLUS CONSTRUCTION CONTRACT

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COST PLUS CONSTRUCTION CONTRACT __________ __________ OWNER BUILDER 1 COST PLUS CONSTRUCTION CONTRACT Suitable for any type of larger scale residential building work, where there is no lump sum CONTRACT price, as covered under the Home Building Act 1989 (NSW) Owner Name: ______________________________ Site Address: ______________________________ Date: ____________________________________ COST PLUS CONSTRUCTION CONTRACT __________ __________ OWNER BUILDER 2 TABLE OF CONTENTS CHECKLIST Schedule 1 CONTRACT Details Schedule 2 Cost of the Building Works Schedule 3 Builder s Fee Schedule 4 Progress Payments Schedule 5 Excluded Items Schedule 6 Warranty Insurance Schedule 7 Special Conditions Schedule 8 Signatures 1.

The limit is 10% for work costing $20,000 YES ... on behalf of ABC Building Pty Ltd STATEMENT SETTING OUT THE OWNER’S RIGHT TO TERMINATE THIS CONTRACT UNDER SECTION 7BA OF THE HOME BUILDING ACT This contract may be subject to a cooling-off period that entitles the owner to rescind this contract

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