Apr 27, 2012 8:54 pm
Does the CBA do commencement letters and if so do they get send to the builder and not us.
I called our broker today to advise we had the first progress payment due and he asked if we had the commencement letter.
I said no and he was going to chase up the bank.
Our documentation doesnt say anything about a commencement letter, just what we need to provide prior to the first payment. ie insurance and public liability cover.
Any other CBA's out there?
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Georgie00Builder requesting banks letter of offerBuilder requesting banks letter of offer
Thanks for all the input guys seems pretty standard then for the builder to request for these private documents. Just wanted to make sure before I go and hand over my…