UPDATE TO OUR SUITE

Master Builders SA have updated their suite of contracts to make them even more user friendly through greater clarity and consistency across the suite. This has been done without altering the risk allocation or the plain English look and feel of the contracts. 

Importantly, the changes also provide:

• compliance with changed or new legislation
• clearer definitions and more consistent use of defined terms
• more precise language leading to reduced scope for ambiguity or misunderstanding of contract terms
• streamlined structure, format and numbering;
• confirmation of the Owner’s obligations to cooperate with and not delay the Builder;
• more clarity and certainty about where a variation might arise;
• more clarity and certainty about the risk of adverse site, weather and access conditions
• a clearer process for practical completion
• substitution of a Defects Liability Period in place of the Maintenance Period to better align with wider industry practice
• updated the dispute conciliation and arbitration provisions
• a reduction of MBA fees for the dispute conciliation and arbitration provisions.

We welcome feedback or questions from members. Please contact our Membership Team on 08 8211 7466.