(Note: Exact percentage rates are adjusted periodically by the QBCC. Always refer to the official QBCC Fee Schedule for the current financial year.)
It is mandatory for all residential building work valued at over $3,300 .
The Queensland Building and Construction Commission (QBCC) is a government-owned corporation that provides insurance and other services to the building and construction industry in Queensland, Australia. One of the key services offered by QBCC is its insurance calculator, which helps builders, contractors, and homeowners estimate the cost of insurance for their construction projects. In this article, we'll take a closer look at the QBCC insurance calculator, its features, and how to use it effectively.
The rate changes for higher value contracts.
