Advise of payment due to the Contractor when the Principal completes the Works Mentioned in clause 73.6 User guidance Guidance for GC21 Edition 2, including clause commentary and a suite of Sample letters, is provided on the Procurepoint website. See Policy and Contract Management - GC21 Edition 2. Refer specifically to the commentary on clause 73.6. Instructions in the sample text below have been highlighted in yellow. If highlighting is not visible, see Sample letter guidance located immediately above the list of Sample letters. Sample text for letter to the Contractor The Contractor » insert the name of the Contractor ABN » insert the Contractor ABN ‘s » insert the Contractor address ‘s Attention: » insert the name of the Contractor’s Authorised Person » insert the Contract name Contract No. » insert the Contract No. Payment due to the Contractor after completion of the Works On » insert the date of the notice under clause 73.4 or 73.5, you were notified that the Principal may employ others to complete the Works, in accordance with clause 73.6 of the General Conditions of Contract. The Principal has had the Works completed by others. The cost the Principal incurred in completing the outstanding work was $» insert the cost the Principal incurred to complete the Works. A breakdown of this cost is attached. The amount that would have been paid to the Contractor under the Contract to complete the work that was outstanding when the Principal took over the work is $» insert the amount that would have been paid, ie the Contract Price at the time the Principal took over the work minus the amount actually paid to the Contractor (see Note 1). The cost incurred by the Principal is $» insert the amount of the difference less than the amount that would have been paid to the Contractor to complete the Works. This amount is payable by the Principal to the Contractor. Please provide the original of a current statutory declaration, as required by clause 58.6 of the General Conditions of Contract, so that payment can be made. Yours sincerely, » insert the name of the Authorised Person Principal’s Authorised Person Principal’s Guide Notes The amount to the Contractor does not include any retention monies ‘actually paid’ deducted from payments. All amounts stated in this letter are to include GST.
Advise of payment due to the Contractor when the Principal completes the Works Mentioned in clause 73.6 User guidance Guidance for GC21 Edition 2, including clause commentary and a suite of Sample letters, is provided on the Procurepoint website. See Policy and Contract Management - GC21 Edition 2. Refer specifically to the commentary on clause 73.6. Instructions in the sample text below have been highlighted in yellow. If highlighting is not visible, see Sample letter guidance located immediately above the list of Sample letters. Sample text for letter to the Contractor The Contractor » insert the name of the Contractor ABN » insert the Contractor ‘s ABN » insert the Contractor ‘s address Attention: » insert the name of the Contractor’s Authorised Person » insert the Contract name Contract No. » insert the Contract No. Payment due to the Contractor after completion of the Works On » insert the date of the notice under clause 73.4 or 73.5, you were notified that the Principal may employ others to complete the Works, in accordance with clause 73.6 of the General Conditions of Contract. The Principal has had the Works completed by others. The cost the Principal incurred in completing the outstanding work was $» insert the cost the Principal incurred to complete the Works. A breakdown of this cost is attached. The amount that would have been paid to the Contractor under the Contract to complete the work that was outstanding when the Principal took over the work is $» insert the amount that would have been paid, ie the Contract Price at the time the Principal took over the work minus the amount actually paid to the Contractor (see Note 1). The cost incurred by the Principal is $» insert the amount of the difference less than the amount that would have been paid to the Contractor to complete the Works. This amount is payable by the Principal to the Contractor. Please provide the original of a current statutory declaration, as required by clause 58.6 of the General Conditions of Contract, so that payment can be made. Yours sincerely, » insert the name of the Principal’s Authorised Person Principal’s Authorised Person Guide Notes The amount ‘actually paid’ to the Contractor does not include any retention monies deducted from payments. All amounts stated in this letter are to include GST.
gc21-edition-2-sample-letter-73e-advise-payment-due-contractor-when-principal-completes.docx