Progress Claims
Progress Claim PC-10460-01
ApprovedJob 10460, Package unit replacement, Level 2 tenancy
Ironbark Contracting, attention Luke Armstrong. Subcontract IB-2026-044. Ironbark Offices, Level 2 tenancy, 77 Pacific Hwy, North Sydney NSW 2060
No Invoice raised yet. The claim is paid through the Invoice it raises.
- Period ending
- 16/10/2026
- Submitted
- 16/10/2026
- Payment schedule due
- 30/10/2026
- Payment due
- 30/10/2026
Claim schedule
| Previously claimed | This claim | Complete to date | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Item | Description | Value | % | $ | % | $ | % | $ | Balance |
| Contract works | |||||||||
| 1 | Package units, supply and install | $24,000.00 | 0% | $0.00 | 50% | $12,000.00 | 50% | $12,000.00 | $12,000.00 |
| 2 | Pipework, ductwork and insulation | $10,000.00 | 0% | $0.00 | 50% | $5,000.00 | 50% | $5,000.00 | $5,000.00 |
| 3 | Commissioning and handover | $6,000.00 | 0% | $0.00 | 50% | $3,000.00 | 50% | $3,000.00 | $3,000.00 |
| Contract works subtotal | $40,000.00 | $0.00 | $20,000.00 | $20,000.00 | $20,000.00 | ||||
| Accepted Variations | |||||||||
| V01 | Additional isolation valves, Level 2 | $10,000.00 | 0% | $0.00 | 50% | $5,000.00 | 50% | $5,000.00 | $5,000.00 |
| Variations subtotal | $10,000.00 | $0.00 | $5,000.00 | $5,000.00 | $5,000.00 | ||||
| Total | $50,000.00 | $0.00 | $25,000.00 | $25,000.00 | $25,000.00 | ||||
This is a payment claim made under the Building and Construction Industry Security of Payment Act 1999 (NSW).
Claim summary
- Contract sum
- $40,000.00
- Accepted Variations
- $10,000.00
- Revised contract sum
- $50,000.00
- Work completed to date (50%)
- $25,000.00
- Less work previously claimed
- $0.00
- Value of work this claim
- $25,000.00
- Less Retention held this claim
- -$1,250.00
- Amount of this claim, ex GST
- $23,750.00
- GST (10%)
- $2,375.00
- Amount due, inc GST
- $26,125.00
Certified $23,750.00 ex GST, $26,125.00 inc GST, in full
Retention
- Terms
- 5% of the value of work to date, no cap
- Held before this claim
- $0.00
- Held after this claim
- $1,250.00
- Released at practical completion
- 50%, $625.00
- Rest at the end of the defects period
- 50%, 12 months after practical completion
- Practical completion
- Not reached
Claim history
| Claim | This claim | To date |
|---|---|---|
| PC-10460-0116/10/2026, Approved | $23,750.00 | $25,000.00 |
This claim is ex GST, after Retention. To date is work completed, before Retention.