HBW for Housing (Minimum purchase: 2)
Lump sum contract for housing projects between $7500 and $500,000. Contracts for residential building within this price range must include conditions required by the Home Building Contracts Act. HBW 2019 complies with the Act.
In keeping with common practice in the housing sector, it provides for progress claims at specific stages of the project, but also has an option for monthly claims.
The contract is directly between builder and owner and does NOT provide for an architect or superintendent providing administration on the owner’s behalf.