49AMeaning of major construction project—pt 5

49A Meaning of major construction project—pt 5 (1) For this part, a major construction project is a project involving construction work with a contract price that is more than— (a) $5 000 000; or (b) if a regulation prescribes another amount—the prescribed amount. (2) However, a major construction project does not include a project in which construction work involves only the construction of a single dwelling house. construction work—see the Work Health and Safety Regulation 2011, dictionary. contract price, for a major construction project— (a) means the contract price agreed with the principal contractor before work starts on the project; but (b) does not include any variations to the contract price made during the project.