Clarendon Homes Sample Building Contract

Schedule 1. Particulars of Contract

Item

Date This contract is dated the:

1.

(a) Contract price PRICE EXCLUDING GST: GST ON THE ABOVE AMOUNT:

2.

$.00 $.00 $.00

THE CONTRACT PRICE IS:

The contract price is GST inclusive WARNING - The contract price may vary under this contract . The reasons for variations to the contract price may include: Clause 5 - planning and building approvals; Clause 6 - a survey being required;

Clause 10 - owner specified materials or selections being unavailable; Clause 14 - a consultant being engaged to report on the site conditions; Clause 15 - an increase in a tax, charge or levy after this contract is signed; Clause 18 - variations to the building works ; Clause 20 - an adjustment for prime cost items and provisional sum items ; Clause 45 - if applicable, conditions imposed by the Developer; Clause 45.2(b) - expiry of the Tender period; Clause 46 - rubbish and debris; Clause 47 - works by owner ; Clause 49(b) - the sewer lines being found to be in a different position; Clause 49(c) - variations after date of this contract ;

Clause 49(e) - 3 phase power; Clause 49(o) - traffic report; Clause 49(q) - tiger tails; Clause 49(t) - swimming pool. The contract price does not include the costs that the owner will have to pay to a third party for conveying services to the site or connecting or installing services for use at the site . Note: The builder cannot demand or receive any of the contract price (including the deposit) until warranty insurance is in force and the owner is provided with a certificate of insurance.

(b) Deposit (Clause 17.1) THE DEPOSIT IS: $.00 (The deposit must not exceed 10% of the contract price)

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