Watch: Mini Series Episode 2 – Choosing the Right Contract Type
Understanding Your Building Contract Before You Sign
What are the key things you need to be mindful of when reviewing a contract for your next building project?
In Episode 2 of our Mini Series, Nathan, Founder & Director of Executive Building Group, breaks down expert insights into exactly what to look for, what to look out for, what is safe, and what is reasonable. While every decision is personal, understanding your contract options is the best way to protect your investment and ensure a smooth build. We hope this helps give you some clarity before you sign!
Hands-On Expertise from Start to Finish
Nathan is the Founder & Director of Executive Building Group, proudly established in 2013. As Director, Nathan remains personally involved across every project – from early budget planning and contract reviews through to construction and final handover.
Key Takeaways From Episode 2
- Fixed-Price vs. Cost-Plus Contracts: Knowing the pros, cons, and risks of different contract structures for custom builds and duplexes.
- What to Look Out For: Identifying red flags, hidden allowances, and ambiguous clauses before signing on the dotted line.
- What Is Safe & Reasonable: Understanding standard prime cost (PC) items, provisional sums (PS), and realistic variation costs.
- Protecting Your Investment: How clear contract terms give you total financial certainty and peace of mind throughout construction.
Ready to get your project started on the right foot? Enquire today to find out which contract type best suits you and your upcoming build.
