Financial support to local councils for Project Remediate administration
Councils are eligible for a payment of $10,000 for each building that is remediated under Project Remediate.
Councils may need to spend more time administering Project Remediate. This payment will help compensate.
When is a council eligible for the council payment?
Councils will be eligible for payment once an owner's corporation enters into contracts for remediation and an interest-free loan under the program.
What are the steps?
Owners corporations will only enter into a remediation contract and loan agreement once they complete the following processes:
Registration of interest
An authorised representative of the owners corporation registers interest in Project Remediate and is confirmed eligible for the program.
Council is notified and requested to provide documents to assist in scheduling that building for investigation/remediation works as well as developing a remediation design.
Investigation contractors engaged by the Managing Contractor for Project Remediate, Hansen Yuncken will inspect and test the cladding.
Fire and Rescue NSW (FRNSW) will also attend to check if other fire safety measures comply with relevant legislation. The findings from this inspection will lay the foundations for the design process.
Hansen Yuncken contractors will consult the owners corporation to understand their preferences and instructions for the design of remediation solutions and aim to present two concept design options to the owners corporation. However, in some circumstances, only a single design solution may be available.
At the same time, councils will also be provided an opportunity to review and comment on the draft remediation design.
Design option selection
Owners corporation select preferred concept design option.
The selected design will be fully developed and presented to the owners corporation along with the lump sum price, loan agreement, and works contracts.
Decision to proceed
Based on the documents provided, the owners corporation decides whether they want to proceed with the program and enter into the loan agreement.
How will buildings with multiple strata plans be treated?
Payments will be made with reference to each registered building participating in Project Remediate.
Buildings with multiple strata plans will be treated as one building if only one registration of interest is received by Project Rremediate for one or more strata plans within the same building.
How will payment be made?
Councils will become eligible for the $10,000 payment at the point each owners corporation enters into the loan agreement and remediation contracts.
Councils will be provided with a form that will request relevant details for payments to be processed.
Payments will be made quarterly to councils based on the number of eligible buildings that entered into Project Remediate contracts within that quarter.
Email the Office of Project Remediate at firstname.lastname@example.org.