Practical Completion under the MBA Lump Sum Residential Building Contract

The ACT Home Building Contract has now been updated and replaced with the ACT Lump Sum Residential Building Contract.

The former contract contained an ambiguity regarding the calculation of the date for practical completion, in particular, clause 10.  Whilst there is no requirement to enter into a new contract if you already have a contract on foot, you may wish to put your client on notice to address the ambiguity which relates to the calculation of the date for practical completion.  To assist, we have a template available which can be completed and issued to your client/s to remedy the ambiguity.

The updated version of the ACT Lump Sum Residential Building Contract is now available through eDocs or for purchase at the MBA ACT office (hard copy only).

Please remember, as part of your MBA ACT membership, you have access to the Workplace Relations and Legal Team who can provide general advice in relation to the ACT Lump Sum Residential Building Contract.  MBA Legal can provide you with specific legal advice regarding your rights and obligations under the contract and can also assist when a dispute arises.

Please do not hesitate to contact Kristie Burt on 6175 5919 or by email kburt@mba.org.au if you have any questions.