(FINAL_March2020) BC4 Contract_FLIPBOOK(s)

4. Payment

(a) PAYMENTS (Refer to Clauses 18, 19, 20 and 23) . Staged claims should not include a claim for the deposit. Payments can be claimed when the following stages of the works are 95% reached:

(1)

$

(2)

$

(3)

$

(4)

$

(5)

$

(6)

$

(7)

$

(8)

$

(9)

$

(10)

$

Contract price (subject to adjustment as per Conditions of Contract)

$

RESIDENTIAL BUILDING CONTRACT BC4 - MARCH 2020 - NEW SOUTH WALES vii (c) WHEN TO CLAIM The request for payment is to be made when a stage of the works has been reached. Refer to Clause 20(d). --SAMPLE -- Note: - The work comprised in each stage must be described in clear and plain language. Refer to and attach pages as necessary. - If more than 10 claims then attach an appropriate schedule. (b) DEPOSIT A deposit is payable in the amount of $ Not to exceed 10%. To be deducted from final payment. Refer to Clause 18 .