by Archi-QS | Aug 20, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts
Stage 8 of the Strata Building Bond and Inspections Scheme is the final stage. It is only relevant if the final inspection and report identified outstanding defects and the cost to rectify the defects has been determined. The building bond amount is equivalent to the...
by Archi-QS | Aug 20, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts
Stage 6 of the Strata Building Bond and Inspections Scheme is agreeing to the cost of the outstanding defects and is therefore only applicable if outstanding defects that have been identified in the previous Stage 5: Final Inspection and Report. This stage must be...
by Archi-QS | Aug 11, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts
Stage 5 of the Strata Building Bond and Inspections Scheme requires that the building inspector go back out to site to carry out a final inspection and report. This is to determine whether the defective building work identified in the interim report has been...
by Archi-QS | Aug 11, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts
Stage 4 of the Strata Building Bond and Inspections Scheme is the rectification of the defects identified in Stage 3: Interim inspection and report. The developer is responsible to rectify the defects identified in the Interim Report, who will liaise with the builder....
by Archi-QS | Jul 22, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts
Stage 3 of the Strata Building Bond and Inspections Scheme involves the interim inspection carried out by the appointed building inspector and a report documenting the defects findings of the inspection. This report must be completed within 15 to 18 months of the date...