Browse Forums General Discussion Re: HIA Building Contracts - Liquidated Damages 8Jun 07, 2011 12:52 pm dkp Casa2 I'd say that the contract period effectively starts after construction starts (that is, between 200 to 220 days, depending ion when construction starts) Hi Casa2, I checked my HIA contract. It clearly says the contract period commences 20 working days after the builder receives all the necessary approvals (clause . The builder may start building before the contract period starts. As for the contract period, its duration is given either in weeks or in working days (ours is in weeks). DKP Then rather than stating a contract period + 20 days, the contract might as well use the date when all necessary approvals are recieved. This is all that counts! Demolition August 2009, Construction Started September 2009, Completed December 2010 It worked for me in getting all non notified rain days removed from the builders claim, although the LDs was only $50/day 7 5963 Industry type domestic contracts are prepared by industry bodies for the benefit of the builders. This means that if you are the owner watch out. One of the points is… 0 3235 |