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Introduction to Stage 2 of the Strata Building Bond and Inspections Scheme

by Archi-QS | Jul 22, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts

Stage 2 of the Strata Building Bond and Inspections Scheme calls for the developer to appoint a building inspector within 12 months of the issue of an Occupation Certificate (OC). The OC allows people to occupy the building and deems the project practically complete....

Overview of Stage 1 in the Strata Building Bond Scheme

by Archi-QS | Jun 29, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme

Stage 1 of the Strata Building Bond and Inspections Scheme is for the developer of a new residential strata building (4 storeys or higher) to lodge a building bond in the form of a bank guarantee with NSW Fair Trading. This is required prior to obtaining the...

The Strata Building Bond and Inspections Scheme

by Archi-QS | Jun 29, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme

What is the Process for Complying with the Strata Building Bond and Inspections Scheme?  There are many different stages for the developer to undertake in order to comply with the Strata Building Bond and Inspection Scheme. NSW Fair Trading offers a general process...
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