Director of Consumer Affairs Victoria Approved Domestic Building Contracts Checklist Section 31(1)(r) of the Domestic Building Contracts Act 1995 This checklist must be included in major domestic building contracts entered into from 1 September 2016 in substantially the same form or to the same effect as follows. Before signing this legally binding contract, check this list: If the cost of the building work is more than $16,000, has an insurance policy or certificate of currency for domestic building insurance covering your project been issued and provided to you? Yes No (Note: If not, the contract is conditional upon you receiving either an insurance policy or a certificate of currency for domestic building insurance.) If this contract is conditional upon you receiving written approval for Yes No finance, have you obtained such approval? Have you appointed a private building surveyor or has a municipal building surveyor been engaged? Yes No (Note: If not, you will need to choose and engage a building surveyor before your building work starts so that a building permit can be issued for your building work.) If you answer to any of the following questions that apply to your building project, you are not ‘NO’ ready to sign the contract:* Have you had this contract long enough to read and understand it? Yes No Have you been provided with evidence that the builder named in Yes No this contract is registered with the Victorian Building Authority? Are the price and progress payments clearly stated? Yes No Do you understand how the price is calculated and may be varied? Yes No Has the builder assessed the suitability of the site for the proposed Yes No works? If tests are necessary, have they been carried out? If a deposit is payable, is it within the legal limit? The maximum under the Domestic Building Contracts Act 1995 is: Yes No 10% if the price is less than $20,000, or 5% if the price is $20,000 or more. Is the work shown and described clearly in the contract, plans and specifications and any other relevant documents (such as Yes No engineering computations or soil report)? Are your special requirements or standards of finish included in the Yes No plans and specifications? Are the commencement date and completion date clearly stated or Yes No capable of being worked out? Do you understand the procedure for extensions of time? Yes No
Director of Consumer Affairs Victoria Approved Domestic Building Contracts Checklist Section 31(1)(r) of the Domestic Building Contracts Act 1995 This checklist must be included in major domestic building contracts entered into from 1 September 2016 in substantially the same form or to the same effect as follows. Before signing this legally binding contract, check this list: If the cost of the building work is more than $16,000, has an insurance policy or certificate of currency for domestic building insurance covering your project been issued and provided to you? (Note: If not, the contract is conditional upon you receiving either an insurance policy or a certificate of currency for domestic building insurance.) Yes No If this contract is conditional upon you receiving written approval for finance, have you obtained such approval? Yes No Have you appointed a private building surveyor or has a municipal building surveyor been engaged? (Note: If not, you will need to choose and engage a building surveyor before your building work starts so that a building permit can be issued for your building work.) Yes No If you answer ‘NO’ to any of the following questions that apply to your building project, you are not ready to sign the contract:* Have you had this contract long enough to read and understand it? Yes No Have you been provided with evidence that the builder named in this contract is registered with the Victorian Building Authority? Yes No Are the price and progress payments clearly stated? Yes No Do you understand how the price is calculated and may be varied? Yes No Has the builder assessed the suitability of the site for the proposed works? If tests are necessary, have they been carried out? Yes No If a deposit is payable, is it within the legal limit? The maximum under the Domestic Building Contracts Act 1995 is: 10% if the price is less than $20,000, or 5% if the price is $20,000 or more. Yes No Is the work shown and described clearly in the contract, plans and specifications and any other relevant documents (such as engineering computations or soil report)? Yes No Are your special requirements or standards of finish included in the plans and specifications? Yes No Are the commencement date and completion date clearly stated or capable of being worked out? Yes No Do you understand the procedure for extensions of time? Yes No