27 Jan 2020
New laws-Defects liability period and retentions

Queensland Building and Construction  commission

This notice must include:

  • the date the defects liability period ends;
  • the amount of retention to be paid; and
  • the date the retention amount will be paid.

If the defect liability period relates to the defect liability period for a higher contract, the subcontractor must also give the sub-subcontractor a S67NC Notice End Defect Period.pdfIf the subcontractor cannot give notice within 10 business days due to the time it receives its notice the subcontractor must give notice to its sub-subcontractors  within 5 business days after receiving the notice.

 

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Penalties may apply for failing to release a retention or security in accordance with the building contact.