NEW HOME CONSTRUCTION CONTRACT

NEW HOME CONSTRUCTION CONTRACT _____ _____ OWNER BUILDER 1 NEW HOME CONSTRUCTION CONTRACT Suitable for the CONSTRUCTION of a new home (or multi-dwelling CONSTRUCTION ) under a lump sum CONTRACT price, as covered under the Home Building Act 1989 (NSW) Owner Name: _____ Site Address: _____ Date: _____ NEW HOME CONSTRUCTION CONTRACT _____ _____ OWNER BUILDER 2 TABLE OF CONTENTS CHECKLIST Schedule 1 CONTRACT Details Schedule 2 Progress Payments Schedule 3 Allowances for Prime Cost and Provisional Sum Items Schedule 4 Excluded Items Schedule 5 Warranty Insurance Schedule 6 Special conditions Schedule 7 Signatures 1. Definitions 24. Indemnity 2. Primary Obligations 25. Insurances 3. Preliminary Matters 26. Practical Completion 4. Security Account 27. Final Certificate 5. Ability to Pay 28. Early Possession 6. Accuracy of CONTRACT Documents 29. CONTRACT Maintenance Period 7.

“contract” means the agreement between the builder and the owner as set out in the contract documents; “contract documents” means these general terms, any special conditions, the plans, the specifications, and any other documents specified in Item 14 of Schedule 1; “contract period” means the amount of time specified in Item 12 of

Tags:

  General, Conditions, Contract, Construction, Construction contract

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