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Progress Claim PC-10460-02

Draft

Job 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

Period ending
23/10/2026
Submitted
Not yet
Payment schedule due
-
Payment due
-

Claim schedule

Enter each line's percent complete to date. Everything else works itself out.

Previously claimedThis claimComplete to date
ItemDescriptionValue%$%$%$Balance
Contract works
1Package units, supply and install$24,000.0050%$12,000.000%$0.00%$12,000.00$12,000.00
2Pipework, ductwork and insulation$10,000.0050%$5,000.000%$0.00%$5,000.00$5,000.00
3Commissioning and handover$6,000.0050%$3,000.000%$0.00%$3,000.00$3,000.00
Contract works subtotal$40,000.00$20,000.00$0.00$20,000.00$20,000.00
Accepted Variations
V01Additional isolation valves, Level 2$10,000.0050%$5,000.000%$0.00%$5,000.00$5,000.00
Variations subtotal$10,000.00$5,000.00$0.00$5,000.00$5,000.00
Total$50,000.00$25,000.00$0.00$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
-$25,000.00
Value of work this claim
$0.00
Less Retention held this claim
$0.00
Amount of this claim, ex GST
$0.00
GST (10%)
$0.00
Amount due, inc GST
$0.00

Retention

Terms
5% of the value of work to date, no cap
Held before this claim
$1,250.00
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

ClaimThis claimTo date
PC-10460-0116/10/2026, Approved$23,750.00$25,000.00
PC-10460-0223/10/2026, Draft$0.00$25,000.00

This claim is ex GST, after Retention. To date is work completed, before Retention.