Some more bank requirements needed

I received an email from my Mortgage Angel (sweet, eh?!) this afternoon to say that CBA required a further 2 documents and then they would release their Authority to Commence Construction. CBA need.....

1 )     Builders Contract of Works Insurance, showing:-
        Insurance amount equal to or in excess of the Building Contract Price.
        Name of property owner and / or the Building Company
        Construction site address or stating `Anywhere in Australia'.
        Expiry date of policy.

2 )    Builders Public Liability Insurance, showing:-
        Minimum $5 million.
        Expiry date of policy.
        Construction site address or stating `Anywhere in Australia'.




Now of course, the timing of this was not great. EBH were not contactable at 3:30pm this afternoon via phone or email so I can only suspect their well deserved break started before COB today! We will now have to wait until EBH are back on deck on January 7 to forward to the bank. At least we know, CBA will send the Construction advice to us as soon as they receive these documents.