BuildSafe Security
Finance in North Shore
www.buildsafesecurity.co.nz
Address
7 Anzac Street. Takapuna.. North Shore, Auckland.Are you the owner or manager of this company?
What you should know about BuildSafe Security
We aid home owners and contractors build better and keep their money safe during the building project. The Security Amount is held in believe by BuildSafe until the contractor has performed its obligations under the contract and the owner has certified that the labor is entire and then BuildSafe releases the Security Amount to the contractor and the subcontractors, as the case may be. However, in some cases the fee may be paid entirely by either the Owner Principal or the Contractor. By using our escrow service home owners can guard themselves against their builder going bust and be safe their builder does not get paid until the work has been properly completed and builders can be sure the money will be there so they are paid quickly for their work once completed. Construction Contract means a commercial or residential construction contract and includes any variation to the construction contract.
Once a Subcontractor or Specialist Trade Contractor has been invited to use the BuildSafe Security of Payment Handle or registered their interest and has completed the Application Form, BuildSafe will issue a conditional Notice of Acceptance confirming the Registration of the Subcontractor subject to receipt of payment of the pertinent fee. This is because we believe that all home owners and builders who are doing building or renovation work deserve to have access to the very superior information and services to guard themselves and to ensure that the building process is a definite experience. This is because we trust that all home owners and builders who are doing building or renovation work deserve to have access to the very best information and services to keep themselves and to ensure that the building process is a positive experience. The deposit will be held in a secure believe account istered by BuildSafe so the home owner will know that the builder will only get paid once the work is complete and the builder will know that the final payment is secure and will be released when the construct is finished. The reason why you would use BuildSafe is plain BuildSafe protects your money either from the builder taking your money but never doing any labor or from a builder going bust and leaving you with no money to pay to have the job completed.
Provide fair, effective formal Conditions of Contract for use by all parties to residential construction contracts, when using the BuildSafe service. BuildSafe can provide care to Subcontractors and specialist trade contractors from not being paid for work that you have completed. Progress Payment means a payment for Construction Work carried out under a Construction Contract that is in the nature of an installment of the Contract Price and includes any end payment lower that Construction Contract
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