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Equitable Margin Recovery (Within a WDR)
Equitable Margin Recovery Under NZS 3910: Rethinking Working Day Rates, Proportionality, and Contractual Equity In New Zealand construction contracts, few topics generate as much quiet frustration, and occasional dispute, as the valuation of time‑related cost under NZS 3910. The phrase most often used, “overhead and profit recovery”, is itself misleading. NZS 3910 does not define profit, and it does not provide a discrete mechanism for recovering it in the way practitioners o
The NZ Building Economist
2 hours ago


The CCA Handbook 2015 – Protection for Payments
The CCA Handbook is a comprehensive overview of the Construction Contracts Act 2002, as amended by the Construction Contracts Amendment...
The NZ Building Economist
May 25, 2025


Entitlement to Time-related Costs, when an EoT is not granted
If you are slow in notifying a claim for an Extension of Time, [1] it’s potentially a bad situation, but all is not lost. A Contractor...
The NZ Building Economist
Mar 2, 2025


Advance Notice (Early Warning) Default by the Principal
Since 2013, NZS3910 has made 5.21 Advance Notice or 6.10 Early Warning, popular for judging whether a ‘material’ Variation or Extension...
The NZ Building Economist
Feb 7, 2025
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