top of page
Search


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...
0 comments


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...
0 comments


Does your family home, support good health?
We deodorise the stink, dehumidify the damp, and overheat our thin-skinned homes, to create an illusion of comfort and health, especially...
The NZ Building Economist
Jul 31, 2024
0 comments


Retentions, What are they good for?
Are Retention's of use for guarding against insolvency, ensuring timely performance, or for ensuring quality work is delivered defect...
The NZ Building Economist
Feb 12, 2024
0 comments


Contract Repudiation, or a Better Pathway to Resolution
Contracts that are not fit for purpose Contracts did not always include variation clauses. That meant you could not change the scope of...
The NZ Building Economist
Jan 21, 2024
0 comments


Have you read our very best? 2023 Blog Rankings
To Close out 2023, we give you the very best of us, as ranked by you, the readers of the New Zealand Building Economist Blog during 2023....
The NZ Building Economist
Dec 31, 2023
0 comments


Contractual Interpretation - What the Law Says
There are two all-important rule books that require our constant, thorough and relentless study of, in the quest to know the truth about...
The NZ Building Economist
Dec 10, 2023
0 comments


Head Contractor WDR excludes Subcontractor Time-related Costs
It is time to dispel the myth some Principal representatives have asserted, in recent times, that the Head Contractor Working Day Rate...
The NZ Building Economist
Sep 15, 2023
0 comments


Construction Labour Cost Guide
The New Zealand Building Economist is proud to announce the launch of its Construction Labour Cost Guide. A guide to Labour Costs,...
The NZ Building Economist
Sep 2, 2023
0 comments


The Sesame Street 3910 Variation Rule Book
[2] Timely reciprocity of information, not timeout rules, shortens agreement time-frames. There is an industry tendency to never call...
The NZ Building Economist
May 9, 2023
0 comments


'Project Specific' Overhead Recovery
NZS3910 misrepresents Overheads as ON SITE, or OFF SITE... Our definitions are clear, but our terminology is misleading. The NZS3910...
The NZ Building Economist
Mar 3, 2023
0 comments


Accurate Payment Claims need Timely Payment Schedules
There is nothing in NZS3910, SA2017 or the CCA that requires us to calculate our claims on a “value to date basis”, less a previous value...
The NZ Building Economist
Jan 25, 2023
0 comments


Conditions of Tendering, the Rules for winning work
Ultimately, only one party can win a tender. How we go from everyone, to just one? is a very important question. The Australian Code of...
The NZ Building Economist
Nov 1, 2022
0 comments


One Notice Will Do, for “Extension of Time Variations” NZS3910
Have you been awarded an extension of time for a variation but denied the money for the variation and its time related costs for lack of...
The NZ Building Economist
Oct 5, 2022
0 comments


The Universal Overhead and Profit Recovery Formula (For Head & Sub Contractors Equitable Recovery)
NZS3910:2013 does not prescribe how to calculate a Working Day Rate but it does guide you to include 'Time related costs', and as you...
The NZ Building Economist
Aug 28, 2022
1 comment


Residential War Stories – Dig Deeper, into Customer Concern!
“We have got you a consent based on the building we have priced. But your site has unsuitable material below the hard-fill line and there...
The NZ Building Economist
Aug 7, 2022
0 comments


Teamwork Leadership, starts with YOU
We are all Leaders We are all leaders. We start by leading ourselves with challenges that make us learn and perform better. Then we lead...
The NZ Building Economist
Jun 25, 2022
0 comments


Getting to the Entitlement Point, is what really Matters
Qualifying circumstances must always be treated as a variation. It is a choice to argue badly as a tactic to distract, confuse, delay,...
The NZ Building Economist
Apr 10, 2022
0 comments


The Birth of Retentions 1840
The Rise of Industrialisation and Transportation The 19th century saw the age of trains rise to dominate commercial transportation. The...
The NZ Building Economist
Feb 7, 2022
0 comments


Off Site Materials, Payment Terms and Risks
In these supply shortage, inflationary times, we order everything we can early, to secure the programme and the budget. But price and...
The NZ Building Economist
Jan 30, 2022
0 comments
bottom of page