Contract Options



The traditional contract whereby we supply the labour and material to construct your new home. Payments take the form of progress payments which become due as the building progresses. These contracts are typically entered into when the owner has secured a mortgage. The contract is usually a fixed sum contract so the contractor will cover the risks of increases to labour and material.
We provide the labour and the owner supplies the building material. The owner will from time to time submit progress payment requests to his banker ( in the case of a mortgage loan) as the building progresses. Payments for labour are usually requested every second week. This is a cheaper alternative to the standard building contract, as the owner covers the risk of material increases.
Standard Building Contract
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