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From: Kevin Hines
I am about to sign a building contract for your typical 4 bedroom, 2 bathroom, double garage house on a slap on a levelish block.
Builder wants following progress payments.
Deposit 5%
Slab down 20%
Frame complete 20%
Enclosed 20%
Mould out 25%
Practical completion 10%
Does anyone know if this split up reflects the builders actual costs? Is there a schedule anywhere?
Is it reasonable to try and negotiate higher payments to the back end?
Any help much appreciated
I am about to sign a building contract for your typical 4 bedroom, 2 bathroom, double garage house on a slap on a levelish block.
Builder wants following progress payments.
Deposit 5%
Slab down 20%
Frame complete 20%
Enclosed 20%
Mould out 25%
Practical completion 10%
Does anyone know if this split up reflects the builders actual costs? Is there a schedule anywhere?
Is it reasonable to try and negotiate higher payments to the back end?
Any help much appreciated
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