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QLD: Do commercial module schemes need multiple quotes for spending?

QLD@2x

Question: Commercial modules don’t have spending limits but do they have to obtain more than 1 quote if they are spending over a certain amount, eg: $1100 (if not otherwise set)?

Answer: There is no relevant limit for major spending (the requirement for 2 quotes) under the commercial module. This does not mean that 2 or more quotes cannot be considered though.

This post appears in Strata News #521.

Todd Garsden Mahoneys E: tgarsden@mahoneys.com.au P: 07 3007 3753

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