DA Cost summary report


 Extra requirement for DA lodgement in Bega Valley Shire.

Please note that  the new Bega Valley Section 94 and 94A Contributions Plan 2014 (Contributions Plan 2014) as well as the Planning Agreements Policy (which includes car parking contributions for shortfalls in commercial development) comes into effect, 17 February 2015.

2.13.1 Determining the proposed cost of carrying out development
Section 94A levies are calculated as a percentage of the cost of development.
Clause 25J of the EP&A Regulation sets out how the proposed cost of carrying out development is determined.

2.13.2 Cost Summary Report must accompany development application
A Development Application or application for a Complying Development Certificate shall be accompanied by a Cost Summary Report, prepared at the applicant’s cost, setting out an estimate of the proposed cost of carrying out the development.

The Cost Summary Report shall be in accordance with Appendix B.
Council will validate all Cost Summary Reports before they are accepted using a standard costing guide or other generally accepted costing method. Should the costing as assessed by Council be considered inaccurate, Council may, at its sole discretion and at the applicant’s cost, engage a person referred to in clause 2.13.3 to review a Cost Summary Report submitted by an applicant.2.13.3 Who may provide a Cost Summary Report?

The following persons are approved by the Council to provide an estimate of the proposed cost of carrying out development:

  • where the applicant’s initial estimate of the proposed cost of carrying out the development is less than $1,000,000 – any building industry professional; or
  • where the applicant’s initial estimate of the proposed cost of carrying out the development is $1,000,000 or more – a quantity surveyor who is a registered member of the Australian Institute of Quantity Surveyors.

 

 

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