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Home Building Tips for Builders in NSW
Extensions of time during the Christmas Break

The Christmas break is fast approaching, and builders should start planning ahead for all projects that are currently in progress.

One important factor that should be addressed is Extensions of Time.  Most standard building contracts allow the builder to extend the contract period for, amongst other things, the industry shut down period, being approximately 5 weeks in length and starting from on or about 18 December 2009.

In order to claim this extension of the contract period, the builder should check his contract to see what the procedure is for claiming the extension.  It is common in standard building contracts for the builder to give the client a written notice detailing both the extension of time (5 weeks) and the cause of the delay (industry shut down) within 10 business days of becoming aware of both the cause and extent of the delay (which would be 10 business days after the 18 December 2009).

Despite what standard building contracts usually provide, you should still check your contract just to make sure. 

By failing to follow the procedures in your contract, you may not be able to legally claim an extension of the contract period, and this may result in the project being completed after the contract period, which may make you liable to pay the client liquidated damages (being compensation paid to the client for not completing the project on time).

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Online CPD Courses

Our updated Online CPD Course Fair Work Laws – A Summary is now available, covering all the new laws that will come into effect on 1 January 2010.  To obtain this Online CPD Course and make sure your business is prepared for the new laws, CLICK HERE.


CPD Seminars - 12 CPD Points in one day

From 2010, all of our CPD Seminars will be 6 hours in length and allow you to claim 12 CPD Points in one day, and builders will have six (6) different CPD Seminars to choose from.

Our CPD Seminars for 2010 are scheduled to commence in late February 2010.  Builders who may need to earn their CPD Points before this may wish to view our wide range of Online CPD Courses at www.homebuildingonline.com.au, which can be purchased and completed 24/7 throughout the Christmas break.

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Home Building Business Centre wishes you all a well deserved break during the Christmas period, and a prosperous New Year.


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MErry Christmas



For more information, click on our web link below:


 

Home Building Business Centre
ABN 42 121 418 559
GPO Box 1884 SYDNEY NSW 2001
Ph: 1300 730 752 Fax: (02) 9221 0224
enquiry@homebuildingonline.com.au



The information contained within this email is purely for educational purposes only, and does not constitute advice of any kind. Home Building Business Centre recommends that independent legal advice is sought before relying on any information contained within this email.