Wednesday, Dec 17, 2014Wednesday, Dec 17, 2014

Singapore

 

New accreditation scheme for renovation industry

Published on Aug 11, 2014 3:00 PM
 
A collaboration between Case and the Singapore Renovation Contractors and Material Suppliers Association (RCMA), the new joint accreditation scheme will introduce a performance insurance bond, which will guarantee compensation or deposit refunds if a contractor does not deliver. -- PHOTO: ST FILE

SINGAPORE - Those planning to renovate their homes next year can look forward to a new accreditation scheme which aims to promote fair practices.

A collaboration between the Consumers Association of Singapore (Case) and the Singapore Renovation Contractors and Material Suppliers Association (RCMA), the new joint accreditation scheme will introduce a performance insurance bond, which will guarantee compensation or deposit refunds if a contractor does not deliver.

The scheme will also impose a standard contract specifying policies of fees and fee refunds, to be signed between the customer and the contractor.

And if there are disputes between contractor and consumer, Case will step in to mediate between both parties.

 
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