Master Builders has recently added to its suite of building contracts, the Commercial Cost Plus Contract (CCP1). The CCP1 uses the cost plus method of contracting and is suitable for use in all minor and major commercial projects in Victoria.

The CCP1 does not require a superintendent to administer the contract and allows the contractor to claim all direct costs and expenses reasonably incurred in carrying out the works or alternatively to include a schedule of rates. It also provides flexibility on how the contractors fee is calculated, being either a Percentage Fee, Fixed Fee or a combination of both.

Master Builders suggests that if your next commercial project is to be delivered using the cost plus method, that you try the Commercial Cost Plus Contract (CCP1).

To see all contracts available for purchase, visit the shop here.