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The HIA Victorian Cost Plus contract (Pack of 2) is used for residential construction projects based on a cost-plus approach. It includes schedules for progress payments, excluded items and insurances.
The HIA Victorian Cost Plus contract (Pack of 2) is used for residential construction works on a cost-plus basis, not a lump sum ‘fixed price’. Costs are totalled, and a percentage or fixed sum is added for administration, supervision and profit.
Features:
The contract also comes with a Consumer Building Guide fact sheet, which all builders and tradespeople must provide to their clients before entering into a contract for residential building work costing more than $5000. This is a hard copy version of the contract and will be mailed to you once it's purchased online, or you can select to pick it up in-store.
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