Master Build Guarantees

SJR Builders can assist you to apply to Master Build Services Limited for a Master Build Guarantee (as provided by Master Build Services Limited). If granted, a Master Build Guarantee will represent a three-way contract between you, SJR Builders and Master Build Services Limited. There are three types of guarantee that may be available to you:

Guarantees

Premium Master Build Guarantee (Only available for works over $100,000)
Cover for up to $500,000
Loss of deposit cover (up to 5% of contract price of $25,000, whichever is less)
Non-completion cover (up to 10% of contract price or $40,000, whichever is less)
Defects in materials and workmanship (2 years from practical completion)
Structural defects and rot and fungal decay cover (10 years from practical completion)
Find out more about the Master Build Guarantee here.
Standard Master Build Guarantee
Cover for up to $100,000
Loss of deposit cover (up to 5% of contract price or $15,000, whichever is less)
Non-completion cover (up to 10% of contract price or $30,000, whichever is less)
Defects in materials and workmanship (2 years from practical completion)
Structural defects cover (10 years from acceptance of guarantee)
NB: Option to opt out of loss of deposit and non-completion cover, which brings costs down to $900
Find out more about the Master Build Guarantee here.
Kiwi Master Build Guarantee (Only available for works under $100,000)
Cover for up to $100,000
Remedial works (for problem arising before practical completion), cover (up to 20% of contract price or $20,000, whichever is less)
Defects in materials and workmanship (2 years from practical completion)
Structural defects and rot and fungal decay cover (10 years from acceptance of guarantee).
Find out more about the Master Build Guarantee here.

*Further information relating to the Guarantees may be discussed with SJR Builders or by contacting Master Build Services Limited (phone 0800 269 119).