06_182495221_0111_2_2
CHM - Progress Stage

Line Item Description

This NDIS support item is allocated under the Capital - Home Modifications category. The line item 06_182495221_0111_2_2 is used to claim for a Progress Payment to a builder for an approved Home Modification (HM) once a predetermined stage of the construction work has been successfully completed.

For Major Home Modifications, the building contract typically structures the total payment into several stages (e.g., slab down, frame up, lock up, completion) to manage risk and ensure the builder has funds to continue the project. This line item is used to draw down the portion of the participant's Capital budget allocated to these specific milestones.

Key features of this funding stage are:

Milestone-Based Payments: Funds are released only after an agreed-upon stage of the building work is finished and verified, often requiring a sign-off or inspection by the Project Manager or a certified professional.

Cash Flow for Construction: It ensures the builder has the necessary funds to maintain cash flow throughout the construction period, preventing delays and ensuring the project can proceed smoothly towards completion.

Risk Management: Phased payments reduce financial risk for both the participant and the NDIA by linking payments directly to tangible progress on the structural modifications.

This support facilitates the ongoing delivery of Major Home Modifications for participants and is registered under the NDIS Registration Group 0111: Home Modification Design and Construction.