Free Builder Payment Plan Agreement Generator — Australia
Create a professional payment plan agreement tailored for builder businesses in Australia. Set up instalment payment plans with clear terms and schedules.
Create Your Payment Plan Agreement Now →Common Payment Plan Agreement Line Items for Builders
Here are typical items you might include on a builder payment plan agreement:
| Description | Unit |
|---|---|
| Labour — carpenter | hour |
| Labour — labourer | hour |
| Concrete supply and pour | m³ |
| Timber framing | lot |
| Roofing materials and install | m² |
| Scaffolding hire | week |
| Skip bin hire | each |
| Site supervision | day |
Compliance Tips for Builders
- State building licence number must appear on contracts and invoices.
- Home building compensation (HBC) insurance is required for residential work over the relevant state threshold.
- GST registration is mandatory at $75,000 turnover.
- Taxable payments annual report (TPAR) must be lodged if you pay subcontractors for building services.
Frequently Asked Questions
What are progress payments and how should a builder invoice them?
Progress payments are partial payments made at defined project milestones (e.g., slab, frame, lock-up, completion). Issue a separate tax invoice at each milestone referencing the stage and contract amount.
Does a builder need to be licensed to invoice?
In most states, builders must hold a current licence to carry out residential building work over a certain value. The licence number should appear on all invoices and contracts.
How should a builder handle variations?
Document every variation with a written instruction, revised quote, and client approval before starting the extra work. Invoice variations separately or as a clearly labelled line item on the next progress claim.
What should a payment plan include?
A payment plan should specify: total amount owed, instalment amounts and dates, any interest or late fees, consequences of default, and signatures from both parties.