Strata Building Bond and Inspections Scheme Stage 1: Lodging the Building Bond

by | Oct 23, 2023 | All Posts

modern building in sdyney nsw

In the ongoing effort to combat building defects in New South Wales (NSW), the Strata Building Bond and Inspections Scheme (The Scheme) has emerged as a pivotal eight-stage strategy. The initial step of The Scheme – lodging the building bond, is a responsibility entrusted to the developer.

In this article, we will walk you through the essential steps, ensuring that you can confidently navigate this first phase of the scheme.

Registering in the NSW Planning Portal

1. Register the project in the NSW Planning Portal 

2. Provide the bank with the last page of the Building Bond Report (appendix D) we have prepared on your behalf for their signing.

They will issue with a bank guarantee or bond: it must contain the reference number issued by the NSW Planning Portal.

Uploading Documents

Upload the following documents to the NSW Planning Portal:

  • Copy of the Building Bond;
  • Pages 1-4 of the Building Bond Report we have prepared on your behalf;
  • The contract between developer and builder;
  • Written warranties;
  • “As-built” or “issued for construction” drawings including specifications;
  • Schedules of samples (being fixtures and fittings);
  • All development consents, approvals, or certificates granted under the EPA 1979;
  • Fire engineer report including any possible alternative solution report (if applicable);
  • Certificates relating to the design of the building work required in connection with an application for development consent, and approval under the EPA 1979;
  • Reports obtained by the developer relating to the inspection of the building work.

Delivering Documents

Deliver the original copy of the building bond to Fair Trading by one of the following options:
a) Courier:
SBBIS: Strata building bond and inspections scheme, NSW Fair Trading.
Attention: Manager SBBIS.
Address: 4 Parramatta Square, 12 Darcy Street Parramatta NSW 2150.

b) Express post:
SBBIS: Strata building bond and inspections scheme, NSW Fair Trading.
Attention: Manager SBBIS.
PO BOX 972, Parramatta NSW 2124.

c) By hand in person:
Please make an appointment with the SBBIS team and give more than 2 days’ notice.
Email: stratabond@customerservice.nsw.gov.au

Our team of experienced quantity surveyors is ready to help you with all stages of The Scheme, so don’t hesitate to contact us.