Browse Forums Building A New House 1 Jan 28, 2012 1:47 pm Hi there, We are building with a small boutique type builder and are around 2 moths behind schedule. Out builder is reluctant to give a firm completion date. Has anyone claimed the penalty as is usually the clause in the contracts. do you claim it before giving him the final payment before settlement and claim later or take it off from the last payment. thanks Re: Delay in construction period 2Jan 30, 2012 12:07 pm winner, I think you are posting in the wrong thread, however I'll try and answer anyway. Our builder first proposed to provide us with a cheque for the amount that they owed us and they would present that to us on settlement. However, in the end, they agreed that we would deduct the amount from our final payment and present them with a bank cheque with a reduced amount at settlement. I would certainly suggest the second alternative, however something I didn't do was also to ask the builder to fully justify their provisional sum items. Refer to this post: viewtopic.php?p=745536#p745536 Regards View our blog at: http://room4acubby.blogspot.com/ Re: Delay in construction period 3Jan 30, 2012 5:59 pm room4acubby winner, I think you are posting in the wrong thread, however I'll try and answer anyway. Our builder first proposed to provide us with a cheque for the amount that they owed us and they would present that to us on settlement. However, in the end, they agreed that we would deduct the amount from our final payment and present them with a bank cheque with a reduced amount at settlement. I would certainly suggest the second alternative, however something I didn't do was also to ask the builder to fully justify their provisional sum items. Refer to this post: viewtopic.php?p=745536#p745536 Regards thanks for your reply, we will follow-up with our builder. Hi, My home construction is complete, and the handover is scheduled next week. However the construction has been delayed and I have raised this to the builder. The… 0 5327 1 7948 you need to understand the breakdown of warranties. 90 warranty is considered as minor defects rectification period where as the longer ones are more major/structural… 1 5346 |