Whether you’re buying or selling a building, experiencing a change in occupancy or considering a refurbishment, you may like to consider obtaining a Building Code of Australia (BCA) report as part of your due diligence.
A BCA report will detail areas of non-compliance with the most recent provisions. This is particularly important for older buildings and those that have been altered and may have suffered ‘compliance creep’. The report will outline where the building sits in relation to the current code, and what works need to take place to achieve BCA compliance.
Our team of Accredited Building Certifiers are highly skilled and experienced in complying with NSW legislation and will work closely with you on a site audit and documentation review, to ensure any advice gives full consideration to the context and use of your building. This process will give you peace of mind that you’re getting the best advice for your property.
While BCA compliance is just one aspect of the purchase or sale of the building, it can have a significant impact on your assets ability to provide consistent returns.
A BCA report allows you to have all the information you need to make an informed decision, such as negotiating the cost of any upgrades required into the purchase price. You may also be able to leverage the value of the assets in the sale price of the building. Understanding these issues and opportunities now will allow you to leverage your asset throughout its lifecycle.
Safety and liability
Reducing risk is a key consideration for obtaining a BCA report, and it is often requested by councils and the fire brigade when there are questions raised around the safety of the building. Being on the front foot and having a clear understanding of a buildings position relative to compliance with the current legislation allows an owner to forecast upgrade costs and deal with compliance ongoingly lessening the burden.
We encourage all clients to obtain a BCA report at critical times, such as the purchase or sale of the building. For more information and to speak with one of our Accredited Building Certifiers, please get in touch.