Monday, October 25, 2010

Contract Presentation and Acceptance

On this day we had our contract presentation.  Like the tender, this too went well.

We finally get to see more working drawing of our house plan including the elevations, external and internal.  Although it is not final but we are just glad to get to see them!

We also get to see the latest version of the building price.  This is much lower than the number we initially saw during the tender presentation by far!!

We accepted and signed the contract pretty much on the same day it was presented to us.  We've gone through the contract at least twice and our presenter was really good  in explaining the stuff that we didn't get the first time.  What I found interesting was there was a line in our contract that says how much they are making out of us.  I don't believe that there many contract or quotes that actually have that line.  Not sure about other builders but hopefully they do the same!  At least this way, we can decide if we are willing to pay the mark up price of the builder.

We also had the external color appointment on the same day.  Apparently, we needed this to submit to the design panel and council approval.  One thing we forgot to do is to get a landscape plan done for submission, well to be perfectly honest, I wasn't aware that I need it.

Although there is no community levy charged on us but there is a standard guideline with our building and landscape design.  I guess with having a standard in the area can bring the property value higher.

On to the next bit.... External Color Selection!


Post a Comment

Related Posts with Thumbnails