How much deposit should I pay?

IThe Domestic Building Contract Act 1995 states that 

(1) A Builder must not demand or receive a deposit under a domestic building contract of more than

5% of any contract price that is $20,000 or more; 

10% of any contract price that is less than $20,000 

*Don't be lured into traps of paying more than the above* 

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What is a 'Prime Cost' & 'Provisional Sum'