Building A New House
Dec 11, 2020 12:29 am
I have received the contract for building a double-storey home with JG King. In my contract, they are showing
Total construction period as 425 days (303 days for construction and 122 days delay).
The penalty of liquidated damage shown as $250/week.
Can someone please advise are these construction period and liquidated damage rates negotiable? Is it because of COVID, Home builder's grant and double storey house causing too many days shown as construction period?
Re: Construction period and liquidated damage in HIA Contrac3
Jan 05, 2021 1:33 am
You can try to negotiate anything you like!
Note though that liquidated damages are supposed to be a genuine preestimate of your loss, so you might have to argue your case a bit - eg how much out of pocket will you actually be for the delay?
Sign in or Join to reply to this Topic
Ashington HomesBuild Period for Double StoreyBuild Period for Double Storey
Ceddy I think I can understand why he has claimed longer as it took us time to get trades vaccinated as well following the initial lockdown, but luckily we run ahead of…
domwildWarranty Period-How do I make sure faults get fixed?Warranty Period-How do I make sure faults get fixed?
Hi, At the handing over of the keys, the "buffer" of my building supervisor wanted me to fill in their forms with faults I find and then to hand them in at the end of the…
Ashington HomesConstruction Plans vs Actual ConstructionConstruction Plans vs Actual Construction
Hi CBPH Sorry to hear you are having a bad experience. We specialise in building in bushfire zones in Sydney so I think we have a pretty good idea on how to comply with…
Jason526Signing land contract without building contractSigning land contract without building contract
As long as it's not a house & land package, you will be fine to purchase the land without a building contract. You will have the freedom to pick a builder with a plan and…