New requirements for building registration
All Victorian building companies (Pty Ltd only) must be registered with the VBA from 1 July 2018 to enter into major domestic building contracts or be named as the builder on a building permit for building work costing more than (in most cases) $10,000.
The move gives consumers greater certainty by allowing them to check the integrity of a company they intend to engage on a project. It also offers greater protection by ensuring the builder named on a contract or permit matches the name listed on the certificate of insurance.
The VBA also reminds practitioners whose individual and company registration expires in July, August or September to complete the registration renewal process and annual fee and insurance check as soon as possible.