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Australian Residential Property Development for Investors by Ron Forlee

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CHAPTER 12 The construction process

Once the development approval has been granted and a decision has been made to proceed with the construction, the developer's consulting team will prepare and issue tender documents to contractors, who will then submit a price or tender for building the project. Before delving into the tender and construction stages, there are a few areas that the developer should understand and should take into consideration in order to make the correct decisions. These include the role and responsibilities of building contractors, types of contractors, contractor selection criteria and the type of building contract.

The role and responsibilities of a contractor

The contractor's duty is to construct the project according ...

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