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AUGUST 2017

For a land development project, the construction phase is arguably where the most risk lies. Apart from the acquisition cost, it is certainly that part of a project where significant costs are incurred.
 
Despite this, a common and recurring issue we hear from across the industry, is that of the poor quality contract administration practices that are employed. Whether it's a lack of experience on the part of the site engineer, a poorly constructed contract or just a lack of understanding of what is required; it's costing developers a lot of time and money.

In this newsletter one of our engineers, Ryan Ashworth shares some of his thoughts on improving the approach to contract administration and in turn, the outcomes for developers and their projects.


We hope you find this information useful. Any questions please don’t hesitate to call. 


Brent Thomas
Managing Director
M:  0438 143 113
E:  brent.thomas@peakurban.com.au

HSEQ  - ISO and AS/NZ Certification

The team at PEAKURBAN are pleased to announce that we recently received our certification with the three most international business management systems standards - ISO 9001:2015, ISO 14001:2015 and AS/NSZ 4801:2001.

Executive Chairman, Gary Spence was very happy with the result. 
 
'We are proud that after just 8 months of opening the doors, we are now certified with the three most recognised international business management standards. Safety, quality and environmental management are central to everything we do and we believe that this ISO -  AS/NSZ certification demonstrates our commitment to providing the best possible service to our clients'.
Is poor Contract Administration costing you money?

by Ryan Ashworth - Civil Engineer
Poor contract administration can lead to lower development profits, protracted disputes, missed settlements and sub-standard infrastructure.

Whether it’s a lack of site experience, a poorly constructed contract or just a lack of understanding of what’s required, it seems to be a common problem we hear throughout the development industry. At PEAKURBAN, our approach to Contract Administration is different. We think about it more as Contract ‘Management’ rather than ‘Administration’. Whilst both are important there are key differences between the two functions and these differences can significantly influence the outcomes on a project.

What are these key differences and how can they deliver better outcomes?
Ripley Valley, Ripley
The team at PEAKURBAN are very pleased to have helped Satterley Property Group enter the SEQ land market in the booming Ripley corridor. Located along Ripley Road and between the Centenary and Cunningham Highways, Ripley Valley offers connectivity to the major existing growth centre of Springfield and the new Ecco Town Centre where construction works are already underway.  
 
PEAKURBAN assisted Satterley with the acquisition and due diligence of 62Ha of land and are now working through the detailed planning, engineering design and construction phases for the 900 lot project.
 
Jack Hoffmann, Satterley Property Group’s General Manager for Victoria and Queensland was pleased with the acquisition.
 
‘We believe that the Queensland market will continue to improve and provide excellent growth opportunities for our business. Population growth is strong and with Sydney and Melbourne booming, we’re confident that Queensland’s turn is not too far off. Now is the right time and entering South East Queensland in one of the fastest growing corridors makes sense to us’, said Jack.
 
‘Not having a local presence initially meant a heavy reliance on our consulting team. Our experience in working with PEAKURBAN has been fantastic – they are knowledgeable, accessible and commercially astute. We set an ambitious program for Ripley and PEAKURBAN have delivered every element ahead of time and under budget’.
 
We look forward to helping Satterley expand their business in Queensland.

Development Incentives on Offer

A number of development incentives are on offer throughout SEQ. For instance, Sunshine Coast Council, Moreton Bay Council and Unity Water are offering 50% reductions on Infrastructure Charges for targeted development areas, mainly focusing on vacant or under-utilized land parcels within already developed urban areas and where spare capacity exists in the networks.   
 
On the Sunshine Coast the development incentives are targeted at Nambour and Caloundra. In Moreton Bay the targeted areas are Caboolture, Redcliffe and Strathpine.
 
For more information go to:  https://www.unitywater.com/building-and-developing/reference-library/development-incentives
Copyright © 2017 PEAKURBAN Pty Ltd, All rights reserved.


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PEAKURBAN Pty Ltd
PO Box 1344
Buddina, Qld 4575
Australia

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PEAKURBAN Pty Ltd · PO Box 1344 · Buddina, Qld 4575 · Australia

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