If your works could impact our assets, you may be asked for a security payment.
This is at our discretion, or if your project requires:
- a Construction Management Plan (CMP)
- public precautions over the street alignment such as hoardings, gantries or scaffolds.
Security payments are made as a bank guarantee or financial deposit, also called a bond.
We will tell you what to do if you need to make a security payment. You must make this payment before you start works.
Security amount
The amount is based on the repair or replacement value of assets impacted by your project. It applies to all works associated with the project.
This includes work by the principal contractor, subcontractors, service providers and utilities.
Bank guarantee requirements
The bank guarantee is to be issued to City of Melbourne ABN 55 370 219 287.
The bank guarantee must be:
- an original, from a recognised Australian bank. operating under the Banking Act issued by APRA
- unconditional, with no end date
- executed (i.e. signed and dated with the bank stamp).
Insurance bonds are not accepted.
An acceptable bank guarantee is to be supplied to a representative from either City of Melbourne's Urban Forest and Ecology branch or Site Services, located at Council House 2.
Reports and inspections
Before you start works, we will record the condition of assets that could be impacted. This is the dilapidation report.
We may visit your site at any time to inspect assets for damage.
We may use video to check if damage was caused by your works. This is a CCTV survey.
We will inspect our assets after you request the release of your security.
The security will not be released until assets are reinstated to our satisfaction.
Continuing projects
If the project will continue after your works, another entity must make a security payment.
Your security will be released after payment is received from the other entity.