Variation 2, Spider lift extended hire, 3 weeks
M&A Apartments Stage 3: Facade Cladding · M&A Developments · their reference MAA-VO-0038
Raised 31 Jul 2026 by Cameron Hale
Effect of approval
These lines join QJ2045's schedule of rates. With 60% of the work already in place, the value of work in place moves with the contract sum, the open progress claim measures the difference, the job's margin recalculates, and an acknowledgement is issued to the head contractor.
Contract sum
$1,090,514 → $1,125,914
Work in place
$564,473 → $585,713
Next claim
$0 → $21,240
Margin on QJ2045
9.9% → 10.2%
Scope
Priced off the pricing schedule the contract is measured against.
| Rate | Rate, ex GST | Qty | Value | Cost | Margin |
|---|---|---|---|---|---|
| RS-HGT-SPI Spider lift hire & operator, 28m | $2,360.00/day | 15 | $35,400.00 | $28,500.00 | 19% |
| Total, ex GST | $35,400.00 | $28,500.00 | 19% | ||
| GST | $3,540.00 | ||||
| Total, inc GST | $38,940.00 | ||||
Why it was raised
Programme slip on the preceding trade left the lift on site three weeks longer.
Position
- Value, ex GST
- $35,400.00
- Cost to deliver
- $28,500.00
- Margin
- 19.5%
- Physically built
- 60%
- Value already on the ground
- $21,240.00
- Work commenced
- Yes, under site instruction
Contract
- Job
- QJ2045
- Contract no.
- MAA-S3-CL-2026-0088
- Head contractor
- M&A Developments
- Approver
- Jordan Ellul
- Payment terms
- 30 days
Trail
- Raised 31 Jul 2026 by Cameron HalePriced off the job's schedule of rates
- Lodged with M&A DevelopmentsTheir reference MAA-VO-0038