How to calculate the security amount (if required)
Reticulation Assets prior to final inspection
The maximum periods for completing deferred works to be constructed is 22 weeks.
a) Details of the financial security we require for assets servicing typical residential subdivisions (R20, R25):
- Water supply $2,500 per lot
- Wastewater $5,500 per lot
b) For assets serving large lot residential, commercial and industrial lots where the length of main per lot is in excess of 20 metres per lot, the amount per lot (in a) factored up by the average length of main per lot.
c) Irrespective of either of the above assessments, the minimum amount will be:
- Water supply $50,000
- Wastewater $100,000
Costs for early clearance approvals
Where a financial guarantee is required, there is a fee per consultant submission or per land development agreement.
For details of the associated fees, please refer to our Land servicing fees page.