Building Contracts

Domestic Building Contract Negotiations

Before considering any building contract you will want to obtain three or more builders quotes and have the quotes evaluated and any negotiations completed before agreeing to the final price and selecting your builder. Too often owners do not engage appropriate professionals to support with these activities. This is a mistake. This is where inexperienced owners can make very costly errors. RFT Solutions service in providing assistance with building contract negotiations refers to major domestic building contracts in Victoria.
domestic building contract negotiations

WHY CHOOSE RFT SOLUTIONS?

If you're building a new home, house extension or renovation, RFT Solutions offer peace of mind. Our goal is to save you time, money and achieve a result you love.

The most widely used major domestic building contracts in Victoria are:

From 1st August 2017:

  • You must use a major domestic building contract if the building works are  worth more than $10,000
  • An update to the use of alternatives to the prescribed progress payments has been introduced
  • The threshold amount above which cost plus contracts are permitted has increased from $500,000 to $1 million.

A company will be automatically registered on 1 July 2018, if:

  • At least one director has a current registration in a class of building practitioner authorised to carry out domestic building work. These are Domestic Builder (Unlimited), Domestic Builder (Limited to…) or Domestic Builder (Manager).
  • It holds a certificate of eligibility for the required insurance.
  • Work was carried out under a major domestic building contract that was covered by the required insurance in the previous 12 months. The work must have been carried out in the company’s name.
  • The company and all of its directors are fit and proper persons for registration.
  • The company is not in a high-risk insurance category.
  • The company had not opted out of automatic registration.

WHY CHOOSE RFT SOLUTIONS?

If you're building a new home, house extension or renovation, RFT Solutions offer peace of mind. Our goal is to save you time, money and achieve a result you love.

What People Are Saying?

We've drafted and designed everything from double story extensions to California bungalow renovations for clients across Melbourne's inner, south east and eastern suburbs. What did they have to say about working with RFT Solutions? Read some of our customer reviews to find out!

Thank you, Michael for helping us get our building project underway. I think that your services would be invaluable for anyone undertaking a major renovation of their house. Domenic Cristiano
Thanks to Michael and the team for making the process of adding space to our home so easy... We couldn't be happier with the result and would definitely recommend your services... Julian Reynolds
Thank you RFT Solutions! Great design ideas for our home extension... We are happy to recommend RFT Solutions and would have no hesitation in using them again.. Michael Sullivan

WHY CHOOSE RFT SOLUTIONS?

If you're building a new home, house extension or renovation, RFT Solutions offer peace of mind. Our goal is to save you time, money and achieve a result you love.