Browse Forums Building A New House Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 5Mar 12, 2008 5:34 pm Hi - we are currently 8 weeks overdue and don't have a firm date as yet. The worst part is that there is only 3-4 days worth of work left to finish it off and it has been like that for the last 2-3 weeks. Building for the 1st time with M3tricon Site Start was 19th July 07. It's been 2 weeks to Handover for the past 8 weeks. Go figure. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 6Mar 12, 2008 6:59 pm Could be a message in this for all considering signing a new home contract.
When it comes to agreeing to/nominating the liquidated damages amount - negotiate a far higher amount than what the builder is comfortable with. To date, I do not know of a situation where the liquidated damages amount has covered reasonable accommodation costs. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 7Mar 12, 2008 7:34 pm Liquidated damages should actually be set at an amount that acts as a deterent to the builders for running over schedule.
For example, builders 'should' be made to work overtime of weekends, etc all to ensure the job gets done in time. This happens all the time in commercial projects. But why would any builder pay tradies overtime when it's far cheaper to simply pay the damages fee of $50 or whatever it is. Perhaps making the penalty $500 a day would be enough to see a change in the industry. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 9Mar 13, 2008 8:14 am ricci,
that is exactly my situation... 3-4 days of work left, however they take 5-6 weeks to complete it.... ridiculous!!!! i regret not having negotiated the liquidated damages payment prior to signing contract, i actually never thought they would go over... stupid me! Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 10Mar 13, 2008 3:48 pm It has been 19 weeks since we had a pre-handover inspection done....it has been 12 weeks since our contract ended....it has been 25 weeks since we were told we were only a few weeks away from handover....they need to fix things up but haven't completed fixing these yet
Stupidly, we also didn't negotiate the damages amount, as we thought there was no way they could go over time, as we were told upon signing that it would take about 6 months and be ready by August 07.....these are our facts unfortunately....we still wait.... We speak to the builder a number of times a week and it is all action, however upon checking for ourselves this is not so. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 12Mar 13, 2008 4:28 pm Casa2 aliand, Who is your builder? I don't want to say at this stage....the house was pretty much completed by the end of September 07 but the finishing off and fixing of mistakes is still on-going. I don't believe there is anything we can do but continue to wait....we are supposed to be getting handover next week (but we have heard this a number of times since late last year), however I am fearful that there will still be issues unresolved or items not fixed correctly (patchwork instead of being re-done) when we get the final inspection done.... I cannot stress enough how important it is to get an independent inspection done, but not to just give it to your supervisor, also ensure the office receives it as well... Trust no-one. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 15Mar 13, 2008 8:28 pm Sounds about right. You'd think that if the builder has spend the money to almost complete a house and just has to finalise a few things to get 12%, they would be fast tracking everything. Demolition August 2009, Construction Started September 2009, Completed December 2010 Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 16Mar 13, 2008 10:39 pm I disagree Casa.
They would have already covered their costs in the previous payments, and the final payment would be made up of mostly or all profit on the project. If they builders aren't making more than 12% profit in building a house then there is something wrong. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 17Mar 14, 2008 8:23 am I agree with blackmax, builders always say that they do the work first and only ask for payment after each stage is completed.
But in my opinion, after the first few stages, they should already have received enough payment to cover their cost. The rest is actually: we pay before they start.. Re: BUILDING CONTRACT ENDED... AND STILL NO HANDOVER 18Mar 14, 2008 9:52 am aliand... gosh that's a long time to be waiting.... i hope we don't have the same problem....
i would be screaming if we do! It's just ridiculous!!! The builders just don't seem to care these days! You talk about deletions, are they variations or PS and PC adjustments? pleas list them 1 16563 I've decided, after a period of confusion (my building broker told me it's probably not worth it to use a lawyer, but others have said it is a must) that I definitely will… 7 27953 |