Understand the ins and outs of Prime Cost (PC) and Provisional Sums (PS) in building contracts. Learn how these components affect project costs, and discover essential tips for effective planning and managing expectations. Explore the comprehensive guide and gain valuable insights from industry experts at the Master Builders Association of Western Australia.

Custom Homes, Custom Home Builder, Home Improvement, Construction, Extension and RenovationEvan TurnerJune 27, 2023Building contracts, Prime Cost and Provisional Sums, Construction tips, Construction Budgets

What is home indemnity insurance?

Home indemnity insurance is a crucial safeguard for homeowners during construction or renovations. Discover what it covers, why it's mandatory, and how it benefits both builders and homeowners. Read more to gain a clear understanding of this essential insurance.