What is the difference between an AS4000 and an AS2124 contract?
Whilst an AS4000 and AS2124 contract contain many similarities which include the fact that both require a licence fee to use it and are widely used forms of contract, theyRead More
What is the difference between Tenants in Common and Joint Tenancy?
When it comes to understanding what would be the most ideal form of home ownership, it is important to understand the key differences between tenants in common and joint tenancy.Read More
How do Early Contractor Involvements (ECI) Work?
Traditionally, construction contracts only allow the principal contractors to be engaged in projects once major decisions and design details have been completed. However, an early contractor involvement- also referred toRead More
How does a Master Builders Association HIC6 Contract work?
A HIC6 contract or home improvement contract is a contract prepared by the Master Builders Association. It is used to govern the relationship between homeowners and builders in relation toRead More
How do Master Builders Contracts Work?
Master builders contracts are pre-made documents which aim to assist construction contractors and principals by standardising agreements between parties in construction projects across a many different types of projects. MasterRead More
What is a Wet Hire Agreement?
A wet hire agreement is a contract between two parties, where one party wishes to rent a product, as well as a service provider or operator from the party whoRead More
What Is A Dry Hire Agreement?
When a company hires out equipment or machinery to third parties, they will enter into a dry hire agreement. In essence, a dry hire agreement sets out the terms andRead More
Issues with Progress Payments in the Construction Industry
Progress payments are instalments paid for construction work while a project is ongoing. As a contractor for construction work, you are usually entitled to intermittently bill your customer not onlyRead More