For all domestic building contracts priced at $20,000 or more, you, as a contractor, are now required to give owners a ‘commencement notice’ within 10 business days of the contracted work commencing on site.
The notice must state the exact date work commenced on site and the date for practical completion.
Some contracts, including those available on the QBCC website, include a ‘commencement notice’ ready for you to fill out.
If an owner chooses to withdraw during the cooling-off period (which is five business days), then they must give you, as the contractor, a written withdrawal notice.
You are entitled to receive or retain an amount equal to any out-of-pocket expenses you have reasonably incurred up to the time the owner withdrew, and if you have given the owner the required documentation you are also entitled to an additional $100.