Financial support to cover strata management costs of Project Remediate

Owners corporations with combustible cladding are eligible for a payment of up to $15,000 each to help with strata management costs of participating in Project Remediate.

Last updated: 01 June 2023

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Key information

  • An owners corporation that joins Project Remediate can claim a one-off payment to help with the strata management costs of participating in the program.
  • It will become eligible for the payment once the loan agreement and remediation contract have been executed.
  • The payment is calculated by reference to the number of residential lots in a strata scheme.

How the strata payment is calculated

The amount of the strata payment will depend on whether a strata scheme is part of a building management committee (BMC) and is calculated by reference to the number of residential lots in the strata scheme.

If a strata scheme is not part of a BMC and has:

  • 70 or fewer residential lots, it will receive a payment of $10,000; or
  • More than 70 residential lots, it will receive a payment calculated at $142.50 per residential lot but not exceeding a maximum payment of $15,000.

If a strata scheme is part of a BMC, it will receive a payment calculated at $142.50 per residential lot but with a minimum payment of $5,000 and a maximum payment of $15,000.

A residential lot does not include a garage or car space lot, a storage lot, a utility lot, or a lot used for a non-residential purpose such as a shop or an office.

Please note that GST is not payable on this amount and should not be included in your calculation.

How payments are made

An owners corporation will become eligible for the strata payment at the point it enters into the loan agreement and remediation contracts.

At this point, the owners corporation can use the form below to provide relevant details for payments to be processed. We will make payments via EFT within 45 business days.

What you need to complete this form

  • The details of the building that you are claiming the payment for (including the building address, your strata plan number and the number of residential lots).
  • Information about your owners corporation (e.g. your strata plan number, address, contact details, ABN, bank details and the amount that you are claiming).
  • Authorised representative details (for example, name and contact details). 

What happens after you submit this form?

  • We will review your claim and may contact you to obtain more information.  
  • Once we receive your claim, the payment will be made via EFT to your nominated bank account within 45 business days.
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Enter your building strata details

 

Your strata plan details

Privacy Collection Notice

You are providing your personal information as the organisational contact for this query or action. Your information will only be used for this purpose – please read the privacy collection notice for more information about how we handle your personal information.

You are providing your name and contact details to Building Commission NSW as the organisational contact for this query or action. The information you have given Building Commission NSW will only be used for applying for a Strata payment claim, and for actions arising from it.  

The personal information provided in this form will not be associated to or matched with any personal interactions you may have with Building Commission NSW. 

Building Commission NSW may provide your personal information to other agencies if your enquiry needs to be redirected. Building Commission NSW will not disclose your personal information to anybody else unless required or authorised by law, such as by court order. 

Building Commission NSW will store and protect your personal information until the enquiry or purpose of contact has concluded. Subject to any other legal requirements regarding information retention, your information will be retained for 10 days. 

More information 

This privacy notice applies only to the information you are providing in this form. If you would like to know more about how Building Commission NSW meets its regulatory obligations in collecting, using, sharing and storing personal information, you can read their complete Privacy Policy or Privacy Management Plan on https://www.nsw.gov.au/nsw-government/privacy-statement. 

You have the right to access your personal information held byBuilding Commission NSW, without excessive delay or expense. You also have the right to have your personal information corrected if it is inaccurate or out-of-date.  

If you would like to access or correct your personal information, please contact below: 

Privacy Coordinator

Department of Customer Services
2-24 Rawson Place
SydneyNSW2000
Australia

Privacy@customerservice.nsw.gov.au

137788

Access to information

You may also contact Building Commission NSW if you have any questions about this privacy notice. 

Background 

Personal information  

Personal information is any information or an opinion about an individual whose identity is apparent or can reasonably be ascertained. 

Privacy and Personal Information ProtectionAct 1998 

NSW Government Agencies must comply with the Information Protection Principles (IPPs), which are outlined in the Privacy and Personal Information Protection Act 1998 (PPIP Act). These regulate the collection, storage, use and disclosure of personal information held by Government Agencies. 

Contact us

Email the Office of Project Remediate at projectremediate@customerservice.nsw.gov.au.

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