Document background
The Construction Development Agreement is a crucial legal document used in the Australian construction industry to establish the contractual relationship between parties involved in development projects. This agreement is essential when undertaking any significant construction development, whether commercial, residential, or industrial. It comprehensively addresses all aspects of the development process, from initial planning and approvals through to completion and defects liability period. The document incorporates requirements under Australian federal and state construction laws, including the Building and Construction Industry Security of Payment Act, the National Construction Code, and relevant state-specific building regulations. It is particularly important for risk management, establishing clear lines of responsibility, and ensuring compliance with Australian construction and development standards.
