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    Off Site Materials, Payment Terms and Risks
    The NZ Building Economist
    • Jan 30

    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...
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    The Principles of Valuation NZS3910:2013
    The NZ Building Economist
    • Nov 27, 2021

    The Principles of Valuation NZS3910:2013

    Here we explore [1] Valuing Variation, [2] Valuing Other Matters, and [3] the Principles of Valuation, to be applied to everything being...
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    Is a Bonus, Profit or Liquidated damages?
    The NZ Building Economist
    • Oct 23, 2021

    Is a Bonus, Profit or Liquidated damages?

    Monroe-Matic Calculating Machine A Bonus, is either 100% Profit or 100% Liquidated Damages, (LD's). It is all or nothing, resting on...
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    Market Fluctuations on Contracts 2021, 2022, 2023...
    The NZ Building Economist
    • Aug 21, 2021

    Market Fluctuations on Contracts 2021, 2022, 2023...

    Our industry has largely lived with Fixed Price Lump Sum contracts since the 1980’s demise of labour awards and relatively stable low...
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    Offsite Overhead Recovery Mission
    The NZ Building Economist
    • Apr 21, 2021

    Offsite Overhead Recovery Mission

    Late one October 2020 evening, while discussing work war stories (dispute resolution) at a bar, a senior construction executive / QS...
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    Time to break out a “Time related overheads” claim, NZS3910 Style.
    The NZ Building Economist
    • May 9, 2020

    Time to break out a “Time related overheads” claim, NZS3910 Style.

    The nature of a Covid-19 Shutdown causes extreme under recovery of Off-site Overheads using the standard Working Day Rate or % methods.
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    "Let the Profit Margin be" - The Principles of Valuation
    The NZ Building Economist
    • May 2, 2020

    "Let the Profit Margin be" - The Principles of Valuation

    The Contractors financial and overhead expenses include any number of risks that frequently arise including the financial impact of Covid-19
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