Body Corporate Administration (BCA) in Bundaberg, Queensland | Business service

Body Corporate Administration (BCA)

Locality: Bundaberg, Queensland

Phone: +61 7 4131 8988

Address: 127 Bargara Rd 4670 Bundaberg, QLD, Australia

Website: http://www.bcaqld.com.au/

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13.01.2022 Attended the recent SCA Conference at the GoldCoast and as usual very impressed.

12.01.2022 We are now located at 127 Bargara Rd. Bundaberg East.

09.01.2022 Insurance Valuations from Tracsafe's site, for more visit www.tracsafe.com.au Cost conscious Committees may sometimes believe an insurance valuation is unnecessary or they believe their insurer is providing this valuation. The requirement under the Act states an independent insurance valuation must be undertaken once every five years. Insurance companies and insurance brokers could be considered independent, but these organizations do not furnish a Body Corporate with an ind...ependent written valuation. They are not skilled in the art of valuation. There can be confusion for Committees because insurers usually automatically increase the ‘building sum insured’ year on year. They do this in line with one of the CPI indicators (eg. Queensland construction index). However, this should not be construed as providing a valuation. Insurance valuation is important because if a disaster does occur an accurate valuation that includes demolition and current rebuilding costs is essential.