Builders may at times prefer to take on ‘supervisory roles’ and project manage construction work being carried out by an Owner Builder. The advantages for builders under such arrangements include:
- No cash flow problems
- Reduced risk where work is carried out by contractors engaged directly by the Owner Builder
- The builder’s statutory warranty is limited to ‘supervision services’, as opposed to the complete supply of building goods and building services
- Projects can proceed even if the builder has reached his annual home warranty insurance threshold.
If a client prefers to carry out their project as an Owner Builder, they may complete an owner builder course online and obtain a permit from NSW Fair Trading in as little as a few days, which will allow the builder to start providing supervision services promptly.