Since 1 April 2026, NSW strata schemes must use the new mandatory standard form for 10-year capital works fund plans. A major update: owners corporations are now required to consider sustainability infrastructure when estimating costs and planning works.
Key Sustainability Requirements
The standard form prompts schemes to factor in potential costs for:
- Solar panels and renewable energy systems
- Energy-efficient upgrades (LED lighting, efficient HVAC, insulation)
- Electric vehicle (EV) charging infrastructure
- Water-saving measures (rainwater systems, efficient fixtures)
- Sustainable materials and smart metering
These don’t have to be installed immediately, but plans must account for likely timing and expenses to reduce long-term utility costs and align with NSW net-zero goals.
Practical Implications
- Existing plans remain valid until reviewed
- Sustainability is now a standing AGM agenda item (energy/ water consumption review)
- Registered GST schemes can claim input tax credits on green updates, improving net cost estimates.
How to Prepare
- Download the new standard form from nsw.gov.au or Strata Hub.
- Review your current plan against the template.
- Discuss potential sustainability upgrades during your next AGM.
- Engage a quantity surveyor for accurate lifecycle costing of sustainability items and integration and upgrade of your existing 10-year capital works fund plan into the new prescribed standard form.
At Archi-QS, we prepare compliant, forward-looking capital works plans that incorporate sustainability budgeting to protect your scheme’s finances and building value.
Contact us at admin@archi-qs.com.au or visit our Capital Works Plans page to get started.