In a
recent article, I outlined the key proposed changes to the
Australian Standards General Conditions of Contract for building
contracts in the planned new draft version of Standard
Australia's 'AS 11000'. This new standard intended to
replace the current standard form of contracts AS2124:1992 and
AS4000:1997, and merge them into one new set of general conditions
of contract.
As of 4 April, Standards Australia has announced that
"despite the Technical Committee's best efforts and
commitment to the draft, the document was not supported by the full
spectrum of interests."
Read the full statement. As a result of this news, both the AS
2124:1992 and AS4000:1997 will remain in use. However, the draft
AS11000 has provided stakeholders such as developers, principals
and contractors with valuable considerations with contractual
issues likely to be addressed in a future versions of the
Australian Standards contracts.
