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Building defect rectification work has been going on in our apartment block for several years. The O/C obtained money from Dept. F/T, but the initial contractor terminated the work without fixing all the problems.
The builder, whom above-mentioned contractor sub-contracted,did a good job in part of the building, so the O/C employed him to finish the remaining work following the decision made by the E/C.
We had the work insured for the whole rectification with the initial contractor. Now we are employing directly this self employed builder.
Do we need to re-insure for the remaining work being done?
Your help will be greatly appreciated.
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Not my area of expertise but I would have thought it was the builder who was required to carry the insurance. However, if you are carrying the insurance yourself, it sounds like a different contract which may require different insurance. Talk to your insurance provider or broker.
The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
Your builder may not be insured because Home Warranty Insurance isn't required for buildings over three storeys high. Tell your strata manager to be ready for that one then hand-pass it to him or her.
The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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