New South Wales · ABIC SW 2018 H
ABIC SW 2018 H NSW - Monthly Progress Payments + Supply Chain Special Conditions
Monthly progress payments with a controlled, architect-assessed mechanism for supply chain cost increases.
Volatile material costs and international supply disruption have made fixed pricing a significant risk on residential projects. This option pairs the monthly progress payment amendment with a disciplined supply chain cost-increase mechanism for ABIC SW 2018 H NSW contracts, so genuine, evidenced cost shocks can be shared without opening the door to unilateral price rises.
The mechanism is deliberately narrow: only international-supply-dependent overruns above a ten percent threshold qualify, claims are made on an open-book basis within a fixed window, and the architect assesses every claim before any adjustment to the contract price. It gives both parties a fair, transparent route through cost volatility while keeping control with the contract administrator.
$220.00AUD
One-off licence · watermarked PDF
Digital and paper conditions are not interchangeable, so pick the format that matches your underlying ABIC contract.
What this covers
Locks in monthly billing instead of stage payments.
Caps exposure to global cost shocks: only international-supply-dependent overruns above ten percent qualify, claimed on an open-book basis within twenty business days.
The architect assesses every claim within twenty business days and adjusts the contract price; unilateral price hikes are excluded.
Best suited to
- Projects dependent on imported or volatile-priced materials
- Builders needing relief from genuine global cost shocks
- Owners who want increases evidenced and independently assessed
New South Wales context
These Special Conditions are drafted for use in New South Wales and are framed around the Home Building Act 1989 (NSW). They supplement the standard ABIC contract and should be read together with it.
Important information
- All documents are provided as watermarked PDFs under licence
- The licence permits use for project documentation in accordance with the licence terms
- These Special Conditions are intended to supplement standard ABIC contracts and should be read in conjunction with them
Common questions
How is exposure to cost increases limited?
Only overruns that depend on international supply and exceed ten percent qualify, and they must be claimed on an open-book basis within twenty business days, so ordinary price movement is not passed through.
Who decides whether a cost increase is payable?
The architect assesses every claim within twenty business days and adjusts the contract price accordingly. Unilateral price hikes by the builder are excluded.
Does this option include monthly progress payments?
Yes. It combines the monthly progress payment regime with the supply chain cost-increase mechanism in one set of Special Conditions for ABIC SW 2018 H NSW contracts.