GUIDE TO COMPLETING THE BUILDSAFE APPLICATION FORM (BS1)

This Guide has been prepared for the purpose of assisting parties to construction contracts, or their advisers, to complete the Application Form (BS1). Please ensure that you have read and understood the BuildSafe Terms and Conditions before completing your application. If you have any questions, please do not hesitate to contact us for assistance.

1. OWNER/PRINCIPAL'S DETAILS

The Owner/Principal is the party to the construction contract who authorises and employs the Contractor to undertake the relevant Contract Works. If the Owner/Principal is more than one person, ie a husband and wife or a partnership, please provide the full names of each person. In the case of a trust, please provide the full names of each of the trustees. In the case of a limited liability company please provide the name of the company as it appears on the Companies Office records.

The email address provided is the email address that the Owner/Principal consents to being used for the purpose of giving, and being given, all notices, communications and documents required to be served under the BuildSafe Scheme or the Construction Contracts Act 2002 (or any Regulation made thereunder).

2. CONTRACTOR'S DETAILS

The Contractor is the party to the construction contract who is authorised and employed by the Owner/Principal to undertake the relevant Contract Works. If the Contractor is more than one person, ie a husband and wife or a partnership, please provide the full names of each person. In the case of a trust, please provide the full names of each of the trustees. In the case of a limited liability company please provide the name of the company as it appears on the Companies Office records.

The email address provided is the email address that the Contractor consents to being used for the purpose of giving, and being given, all notices, communications and documents required to be served under the BuildSafe Scheme or the Construction Contracts Act 2002 (or any Regulation made thereunder).

3. PROJECT DETAILS

Please complete each box in this section.

Description of Building Work

Please provide a brief description of the proposed building work, ie new dwelling, alterations to existing dwelling, new deck, new kitchen, re-paint etc.

Anticipated Start Date/Contract Duration/Anticipated Completion Date

These dates are important. Without fixing these dates and carefully programming the building works from the outset, building contracts tend to proceed unplanned leading to frustration, disappointment, unnecessary delays and of course the inevitable disputes. Sometimes the start date may be uncertain for various reasons (you may be waiting for consents or finance), but nonetheless, the Contract Duration (the length of time that the work is agreed to take) should be established right at the outset to avoid any later misunderstandings.

Contract Price

The Contract Price is the total amount payable under the Construction Contract for carrying out the Contract Works. The amount to be entered is the total value of the work inclusive of GST.

4. SECURITY AMOUNT AND BUILDSAFE FEE

The Security Amount

The Security Amount is the amount that is payable by you into the BuildSafe Trust Account to initiate the Scheme. The recommended Security Amount can be found by entering the GST inclusive value of the building work into our online calculator.

The BuildSafe Fee - who will pay?

This is the upfront fee that is payable by the parties to use the BuildSafe Scheme. The fee varies according to the value of the building works and can be found by entering the GST inclusive value of the building work into our online calculator.

Please indicate who will pay the BuildSafe fee by selecting one of the three alternatives provided. The fee is generally paid in equal proportions by the Owner/Principal and the Contractor because the service is provided for the equal benefit of both. However, in some cases the fee may be paid entirely by either the Owner/Principal or the Contractor. Whoever pays the fee, it makes absolutely no difference as to how the services are provided and gives no priority whatsoever over how the services are delivered.

5. CONDITIONS OF CONTRACT/AGREEMENT FOR SALE

All persons wishing to use the BuildSafe Scheme must have signed formal Conditions of Contract or an Agreement for Sale which records the agreement that the parties have made and the parties’ rights and obligations under that agreement.

If you have not signed formal Conditions of Contract or an Agreement for Sale which records the agreement that the parties have made and the parties’ rights and obligations under that agreement, the BuildRight Conditions of Contract will apply by default to your construction contract as the minimum applicable standard.
The BuildRight Conditions of Contract have been drafted in a fair and impartial way and are not weighted in favour of either party.

BuildSafe has prepared three different types of Agreement and Conditions of Contract for Parties to use: BuildRight Residential Conditions of Contract which are for use on larger building projects such as a new house or substantial renovation or alteration work; and, BuildRight Conditions of Contract for Small Projects which are for use on smaller projects where the nature of the work is relatively straightforward such as a deck, an awning, a fence or a new kitchen. We have also prepared back to back Subcontract Conditions of Contract for use by a Contractor with any Registered Subcontractors.
About Us

At BuildSafe we are driven to be the most recognised and respected provider of a specialist security of payment service for the building and construction industry in New Zealand. This is because we believe that all home owners and builders who are doing building or renovation work deserve to have access to the very best information and services to protect themselves and to ensure that the building process is a positive experience.

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