What Is The MBP
Australian Building Services Home Owners Warranty is the largest Authorised Service Provider of the Managed Builder Program (MBP) to the New South Wales Government.
What is the Managed Builder Program (MBP)?
The Managed Builder Program (MBP) aims to assist new entrants to the building industry, as well as existing small to medium builders, to obtain Eligibility (or home warranty cover for a specific project) where the builder is unable to satisfy all the requirements in order for the Eligibility (or project) application to be approved.
Builders who only satisfy minimum Eligibility (or project) requirements may be required to engage a managed builder program service provider for contracts of $50,000 and over as a condition of Eligibility or as a condition of approval for a specific project.
The MBP will be used as a condition of Eligibility (or project) approval in the following instances (where all other relevant financial and non financial considerations are satisfactory):
- where the builder has never before entered into a building contract with a homeowner of $50,000 or over (or has been a key manager within a building business that did so) and now wants to do so;
- where the builder has never contracted and successfully completed a new single dwelling or alteration project for a homeowner and is proposing to contract a new single dwelling or alteration project or is proposing to contract a larger or more complex new single dwelling or alteration project than the builder's experience supports;
- where the builder has no demonstrated experience in commencing and successfully completing projects of a similar nature to the ones requested for home warranty insurance cover; and
- for multi unit projects where the builder has never before contracted with a developer and successfully completed a multi unit project (as the multi unit contractor or key manager within a building business that did so) or where the builder is proposing to contract for a larger multi unit project than the builder's experience supports.
What MBP services do we provide?
The role of the MBP service provider is to:
- review contractual documentation for a project (including scheduled payments);
- review the project quotation to ensure that it is reasonable for a project of its size and type;
- determine the number of inspections required under the MBP for the project (in accordance with the NSW Home Warranty Insurance Fund's [HWIF] MBP guidelines); and
- undertake the inspections during the project construction.
If you require further information for your Managed Builder Program needs, please call our office on (02) 8713 1800
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