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Buildings - AS2124 Construct Only

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Links to Current Contract Templates

AS2124-1992 Special Conditions 
Current Update - Version 11C - July 2024

Current Contract Amendments
ClauseComments
Clause 9.2

Clause 9.2 – Subcontracting

Deleted:

‘If the value of work under the Contract subcontracted to a subcontractor is less than $50,000, the subcontract for that work shall incorporate:

payment provisions with the same times for payment as the payment provisions in AS2545-1993; and

security provisions as in AS 2545¾1993

And replace with:

‘If the value of work under the Contract subcontracted to a subcontractor is less than $50,000, the subcontract for that work shall incorporate equivalent security provisions as in AS 2545¾1993.

All subcontract conditions must include payment provisions which reflect that the Contractor must pay the subcontractor within (and no later than) 10 Business Days from payment claim.

Clause 42.1

Payment Claims, Certificates, Calculations and Time for Payment

Clause 42.1 in the second paragraph, time for payment updated – “delete ‘Within 14 days’ and replaced with “Within 4 Business Days’.

Clause 42.1

Payment Claims, Certificates, Calculations and Time for Payment

Clause 42.1 – In the fourth paragraph, time updated to:

“(a)          line 1, delete “within 28 days” and replace with “within 10 Business Days”; and

(b)           line 2, delete “within 14 days” and replace with “within 6 Business Days”.