Tell me how | BUILD Version KAIKOSLOT GAMES Best PERFORMANCE | Page 17
Prime cost items

The prime cost and provisional sum traps

‘Prime cost’ is a set budget for an item or set of items that need to be bought for your building or reno project...

The final handover and the final payment

Reaching the end of a building or renovation project is exciting—but it’s also a critical time to ensure everything is complete, compliant and up to the standard you’ve paid for. The final handover is when your builder formally hands over the property, and in most cases, it’s also when the final payment is due.
Builders warranty insurance

What is ‘builders warranty insurance’?

Builders warranty insurance goes under a few different names, depending on which state you’re in - and technically, it's designed to help protect you...

Variations: What they are and how to avoid them

Building or renovating a home is a detailed process, and even with the most careful planning, changes can crop up. These changes—whether initiated by you or your builder—are known as variations. A variation is any amendment to your original building contract that affects the scope of work, materials, design or cost. While sometimes unavoidable, variations can quickly lead to budget blowouts and project delays if not managed properly.

Practical completion and certificates of occupancy

Reaching the end of a build or renovation project is a big milestone—but before you move in or hand over the keys, there are two important steps that mark the official conclusion of construction: practical completion and the certificate of occupancy. These steps aren’t just paperwork—they’re essential to ensuring the home is legally habitable, compliant with building codes and ready for use.
Pre-handover inspections

How pre-handover inspections work

Your house is complete. Everything looks like it’s basically in the right spot, and you’ve been chewing your fingernails down to stumps for the...
Prime cost items

Interior fitout and prime cost

When you’ve reached the lockup stage and the house is in a state where it can be properly secured, it’s time for your builders...

What is the ‘lockup stage’?

If you’re building or renovating a home, you’ll hear the term lock-up stage come up pretty early in your project. But what exactly does it mean—and why does it matter?
Cabinetry

Timber fitout and cabinetry

Your interior and exterior walls are up and your house is really starting to take shape – but there’s still the matter of putting...

How to tile and waterproof a bathroom

Waterproofing and tiling might not be the most exciting part of your renovation, but they’re among the most important—especially in bathrooms, laundries, kitchens and balconies. A poor waterproofing job can lead to leaks, damp, mould, structural damage and costly repairs down the track.