Construction Modelling in Australia The Building Information Model (BIM) is a tool used in construction to create 3D models of building projects. The BIM works by having designers and architects insert blueprints, floor plans and other design drawings into a database, which generates a 3D model of the project. The…
9 February, 2024
Changes To The Strata Building Bond And Method Of Calculation
The Building Legislation Amendment Act 2023 (NSW) The Strata Building Bond & Inspections Scheme (SBBIS) was introduced in 2018 to provide some protection to owners’ corporations in relation to defects. On 21 November 2023, the NSW Parliament passed the Building Legislation Amendment Act 2023 (NSW) (BLA) which makes 2 significant…
14 December, 2023
Ribbon Project by Greaton at Darling Harbour
Congratulations to Greaton on completion of the Ribbon project at Darling Harbour, comprising the largest W Hotel in the world, including the new redeveloped IMAX theatre experience and retail. Vincent Young lawyers is excited to have had the opportunity to have worked alongside the dedicated Greaton team on this very…
22 November, 2023
How to Prevent Bank Guarantees being Called Upon
Bank guarantees are a familiar presence in construction contracts. They are seen to be “as good as cash” and the holders of bank guarantees call on the guarantees when there is a dispute with a contractor or subcontractor providing the bank guarantee. Bank guarantees are often expressly stated to be…
10 November, 2023
Recourse To Security Based On A Bona Fide Claim
Total Construction Pty Ltd v Catholic Healthcare Limited NSWSC 585 It is common for bank guarantees (BGs) to be used as a form of security to secure the performance of a contractor’s obligation in a construction contract. A principal’s right to have recourse to the BGs is often governed by…
7 September, 2023
Always Presume Design Liability
New trends increasing a contractor’s liability – AS4902 Last year we published an article explaining a recent trend concerning the imposition of design liability on contractors through buildability clauses in construct only contracts. In this article we examine another trend concerning increased design liability exposure to contractors’ in design &…
28 August, 2023
What is subdivision of land?
Subdivision of land is defined under the Environmental Planning and Assessment Act 1979 (NSW) as the division of land into two or more parts that, after the division, would be obviously adapted for separate occupation, use or disposition. The division may (but need not) be effected: (a) by conveyance, transfer…
23 August, 2023
NSW Government Announces Dramatic Planning Re-structure
On Friday 18 August 2023, New South Wales Premier, Chris Minns, unveiled a drastic new portfolio re-structure aimed at tackling energy challenges, climate change, environmental preservation and housing concerns. From 1 January 2024, the Department of Planning and Environment will undergo a strategic division into two new specialised Departments: the…
Why the HAPCS? The Minns Labor Government of New South Wales is taking what it believes to be decisive action to address the challenges posed by the State's fast-growing population. With some changes already in place since its taking of Office, the Government has introduced the Housing and Productivity Contribution…
4 August, 2023
New state government housing tax!
Amid a housing supply and cost of living crisis, NSW Government has changed the Environmental Planning and Assessment Act introducing a new ‘Housing and Productivity Contribution’ that will immediately cost developers thousands. Undoubtedly the additional cost will be funnelled back to the purchasers. From 1 October 2023, the upfront construction…