These Special Conditions have been prepared for use by the builder and the owner, as an alternative form of contract, for situations where:
- the bank or financier imposes on the parties a Housing Industry Association HIA Alterations, Additions and Renovations or Residential Building equivalent contract as a condition of approving finance, but
- where the parties had already agreed to include the role and functions of the Architect administering a contract under the relevant state or territory ABIC SW 2018 H contract.
The Special Conditions include the role and functions of the Architect under the ABIC SW 2018 H contract and introduce a number of the familiar definitions and mechanisms from the ABIC SW 2018 H state and territory contracts into the HIA Alterations, Additions and Renovations or Residential Building equivalent contract. Refer to your state or territory page for the Special Conditions schedule.
Note 1: Every bank or financier has a right to impose whatever reasonable or commercial conditions it considers appropriate on an offer or approval to provide financing. We make no representations and cannot guarantee that either these Special Conditions or the HIA Alterations, Additions and Renovations equivalent state or territory contract will be acceptable to all or to any particular bank or financier.
Note 2: The Institute is not affiliated with and does not endorse any HIA contract or product.
Disclaimer
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