Browse Forums Building A New House Re: Liquidated Damages 2Apr 14, 2018 7:25 am Your PCI and the occupancy permit are no evidence that the house has reached practical completion and neither triggers builder's release from liquidated damages if the builder is late in construction. 1 At PCI significant work (completion and or rectification ) may be outstanding and builder could take weeks to clear it.( I have seen it) 2 Occupancy permit is a legal document that says the house is safe to occupy, it does not say that the builder has completed all of the obligations under the contract Liquidated damages stop when your house is practically complete, your builder has satisfied all of the obligations under the building contract, you receive your house keys and accept handover. Obviously you cannot have handover and still expect liquidated damages. The biggest problem for owners is accepting (or being pushed into) handover before full completion. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog It worked for me in getting all non notified rain days removed from the builders claim, although the LDs was only $50/day 7 5939 |