When should I update my Capital Works Plan? As mandated by the Strata Schemes Management Act 2015 No 50 section 80, a capital works plan needs to be reviewed every 5 years: “(3) An owner’s corporation may, by resolution at a general meeting, review, revise or replace...
A Construction Finance Initial Report, also known as a Construction Budget Report, Pre-Construction Report, or Pre-Con, plays a crucial role in obtaining approval for a construction loan facility from project financiers before commencing construction work. This report...
Visionaries: Samuel Star (Archi-QS Founder and Principal) has been published in the June-August 2022 Built Environment Economist. With over 30 years of accumulated knowledge and experience in the quantity surveying industry, Samuel is undeniably a visionary of his...
Project Remediate is the introduction of a 10-year interest-free loan to applicable owners’ corporations for cladding remediation works. The NSW Government will pay for the interest on the loans on behalf of unit owners to fund and fast-track the removal of high-risk...
How long will Project Remediate take and what are the steps involved? There is an 11-step streamlined process designed to ensure that the owners corporation is guided along the way and receive quality assurance from every service provider and contractor involved....
The Office of the Building Commissioner has recently provided clarity on the application of the Building Code of Australia (BCA) in construction projects. Understanding this is vital, as adherence to industry practices might not necessarily equate to compliance with...
