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World-leading construction assurance tool in the works

World-leading construction assurance tool in the works
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Major Projects & Construction 5 Minute Fix 79: procurement practices, security of payment, damages for defects - Knowledge

08 Jul 2021 BY THE MAJOR PROJECTS & CONSTRUCTION TEAM Get your 5 Minute Fix of major projects and construction news. This issue: default procurement practices for NSW large, complex infrastructure projects; update on WA s overhaul of its security of payment laws; when a builder is in the business of building residences (or not) for Victoria s SOP legislation; SA Court of Appeal reduces damages for defects; latest development in enforcing ICSID s awards, and arbitral tribunal issues. Share and print this article Share Collaboration between NSW and Contractors sets new procurement standards The NSW Premier s Memorandum issued on 24 June 2021 sets out the default procurement practices that NSW government agencies and State Owned Corporations are expected to apply to all large, complex infrastructure projects in the Framework for Establishing Effective Project Procurement from 1 July 2021.

Next phase of apartment buyer protections commence

Minister for Better Regulation and Innovation Apartment purchasers can have greater confidence to buy in NSW with new laws coming into effect today. Minister for Better Regulation Kevin Anderson said the NSW Government’s landmark Design and Building Practitioners Act 2020 (DBP Act) revolutionises the way professional engineers, designers and builders work on multi-unit, multi-storey residential buildings (class 2 buildings). It also directly responds to the Shergold Weir Building Confidence Report which found that non-compliant design and poor design documentation were the single greatest driver of defects in class 2 buildings. “In the past consumers have been wary about buying new or off-the-plan apartments because of the risk of poor building work and design standards – but that ends today,” Mr Anderson said.

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