Construction Lending, Risk and Holes in the Ground
The building industry is fraught with perils for the uninitiated, lenders included. Together with labour issues and the proliferation of entrepreneurs and speculators, you can...
Why Cost Plus Contracts Should Be Banned
A cost plus contract is a contract where the builder is paid the cost of the works plus a margin over and above the cost.
Are Cost-Plus Contracts ever a Good Idea?
Recently, I was in a matter before the Victorian Civil and Administrative Tribunal (VCAT) regarding a million dollar cost-plus contractual dispute.