Thursday, July 29, 2010

Tender and Contract Process

Thursday 29th July 2010

Eden Brae scheduled a meeting for us for Thursday 29th August 2010 at 11:00am. This is where we presented with the Building Contract and a set of construction plans for our new pad.

We were quickly told that upon signing of the contract, the balance of 5% will be payable. That's a lot of money. Hopefully we are doing the right thing!

At the meeting we were quite happy to find that our final quote came in within $2000 of our expectations. It did help that friends of ours had built an Entertainer 12 months earlier and were able to give us a rough idea of what things cost and what should and shouldn't be upgraded.

Site costs were minimal - $2000 compared to the $5000 anticipated. 

Now its time to get the bank side sorted and we off on the house building roller coaster!