Episode 12 - Timeframes, delays and price increases

Welcome to episode 12 of The Enthusiast Lab,In today's episode we have a special guest – Matt Bouse the General Manager from La Vida Homes. We deep dive into the the three most common talked about topics in today’s building industry: Timeframes, delays and price increases Today we explained what timeframes are and the timeframe guarantees in the administration phase as well as the construction phase, with a deeper look into the timeframe guarantee clauses.Next we discussed the different types of delays that can occur during the administration phase, construction phase or both.Lastly we had a chat about what a price increase is and why the have occurred in the past, especially during the building boom in Western Australia.As a little reminder: a price increase is not the same price variation due to changes made by a client (like at pre-start). And if a builder has good margins and has planned well enough in advance, they shouldn’t need to pass on a price increase to the client.Matt will be back for another episode in the future, so if you would like him to answer any questions, please send everything through to nik@mrenthusiast.net.au and we will ask him all those hard hitting questions!That's it for today's episode! <br/> We hope you found this topic helpful and helps you make a more educated decision on when you start looking into building.  Let's Meet in Person: https://calendly.com/mrenthusiast/60min <br/>Let's Chat: https://calendly.com/mrenthusiast/quick-phone-chat<br/>Website: https://mrenthusiast.net.au/<br/>Facebook: https://www.facebook.com/MrEnthusiastNewHomesByNik<br/>Insta: https://www.instagram.com/mr.enthusiast_new_homes_by_nik/<br/>TikTok: https://www.tiktok.com/@mrenthusiast<br/>Youtube: https://www.youtube.com/@mr.enthusiast8988