Browse Forums Building A New House 1 May 12, 2009 2:52 pm Some of you may have seen my building thread My situation now is : - contract completion date end last Friday 08 May and i signed the final PCI on the same date - but i didn’t pay them last Friday since there is remaining work waiting to be done on Monday (yesterday) - today, right before i pay, found out that COO is not available, and they still need to chase up plumber and/or electrican to get the whatever certificate/document to be sent to the surveyor So now I am not paying, and I can’t have the key and complete the handover I originally thought that i would have the handover today (SS did advise 2 weeks ago that COO is certified), so I never ask for any penalty payment since only a couple of days delay, but now i really don’t know when they can give me the COO… I am ringing around the whole morning and all i got is, they are ‘STILL FOLLOWING UP’.. argh The money is not a lot to be honest, but my DH said that it may hurry up the COO process if i ask for money… what do you all think? But i did sign the PCI on Friday, am i still entitled the penalty payment? Is the contract end date = actual Handover? Or construction end date? Please advise? Blog - http://clageonewhouse.blogspot.com/ Building Thread - viewtopic.php?f=31&t=10886&hilit=milan I am in, with my husband and my beautiful bunny Re: Am i entitled for the penalty payment? 2May 16, 2009 5:09 pm Ours was to handover. PCI was a week and a half earlier, but until you get a certificate of occupancy and a set of keys, the construction period hasn't ended. As long as YOU'RE not the one holding things up - and you're not, since they haven't completed everything or got the COO - then they have to pay. Not sure if partial weeks are covered, but you're up to one week already.... Check your contract to be sure. And you shouldn't HAVE to ask. We didn't, it was all dealt with automatically by our builder at handover, as part of their normal procedure. We signed something to say that we agreed to the number of days they were over contract, and the amount they were proposing to pay, and the cheque arrived a few days later. Like I said the Occupancy Certificate is not the tollgate that marks the completion of the house. The contract defines… 7 10715 regardless, your contract stipulates a payments schedule and SOPA doesn't give provision to that scenario. Your contractual terms appear to stand. Hence get a lawyer, it… 4 11850 There is no reason why building contract reconciliation cannot be done prior to handover, if the builder won't do it get someone to do it for you. Why would you pay for… 3 6680 |