10-Year Capital Works Fund Plan
for NSW Strata

Almost certainly. Under Section 80 of the Strata Schemes Management Act 2015, every owners corporation in NSW must prepare and maintain a 10-year capital works fund plan. The main exception is certain 2-lot schemes, which may be exempt if the buildings are physically detached, there are no buildings outside the lots, and the owners pass a unanimous resolution. If you are a 2-lot scheme, we will help you confirm whether you qualify before you commit to anything. Book a free 15-minute discovery call and we will tell you where you stand.

Plans dated before 1 April 2026 remain valid until their next review point. The plan must be reviewed at least once every five years, so the trigger is your next scheduled review — or any major works that change the picture. If your existing plan still has five or more years of usable life left, you likely qualify for our lower Refresh pricing. If it is at or near end-of-life, a full rebuild on the new standard form makes more sense. We will assess this for you on the discovery call.

From 1 April 2026, newly prepared or reviewed plans must use a prescribed standard form. It introduces four notable additions: life-cycle costing for each major building element rather than generic industry averages; sustainability inclusions such as EV charging, solar, energy efficiency and water; a climate resilience assessment covering drainage, salt exposure and thermal performance; and a consistent presentation that committees and lot owners can actually follow. These requirements reward on-site judgement — which is exactly how we prepare every plan. See our Capital Works Fund guide for the full detail.

Most NSW providers quote on request only. We publish our pricing. A Full 10-Year Plan starts at $1,295+GST for schemes of 4 lots or fewer, $1,795+GST for 5 to 9 lots, $2,495+GST for 10 to 20 lots, and $3,495+GST for 21 to 40 lots. Larger schemes are quoted individually. If your existing plan still has five or more years of usable life, a Plan Refresh costs significantly less than the full price. The price is fixed at the discovery call — no surprises. See the pricing table above.

Yes, with one exception. Schemes of three or more lots are required to have a plan, and a professional plan protects what is usually a multi-million-dollar shared asset. Only certain 2-lot schemes can be exempt — and only if the buildings are detached, there are no buildings outside the lots, and the owners pass a unanimous resolution. For very small buildings we created a Micro tier so the cost per owner stays proportionate. If you are a 2-lot scheme, our free discovery call screens your exemption first, before any quote.

There is no single mandated licence in NSW, which is exactly why who prepares your plan matters. Many plans are produced from documents at a desk. We take a different approach: James inspects your building in person, assesses each major element on site, and prepares the plan around what your building actually needs — not a generic template. He also signs it, presents it, and stands behind it. Talk to us about how we work before you commission anyone.

From the discovery call to delivery is usually about three to four weeks. We can normally schedule the discovery call in the same week you enquire. Once we have your building's records — strata plan, current plan, AGM minutes, fund balance and levy schedule — the on-site inspection takes one to three hours, and we deliver the completed plan within 10 to 15 business days. We finish with a 30-minute walkthrough call for your committee. Get in touch and we will map out the timeline for your building.

Yes, and we do this often. Your strata manager keeps the client relationship; we provide the independent, on-site assessment and the completed plan. This suits committees whose manager does not have an in-house quantity surveyor, time to walk the building and complete the form themselves, or who simply want an independent set of eyes on the building. We are happy to coordinate directly with your manager on access, records and delivery. Mention your manager when you enquire and we will make the process seamless.