The NZ Building EconomistJan 30Off Site Materials, Payment Terms and RisksIn these supply shortage, inflationary times, we order everything we can early, to secure the programme and the budget. But price and...
The NZ Building EconomistNov 27, 2021The Principles of Valuation NZS3910:2013Here we explore [1] Valuing Variation, [2] Valuing Other Matters, and [3] the Principles of Valuation, to be applied to everything being...
The NZ Building EconomistOct 23, 2021Is 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...
The NZ Building EconomistAug 21, 2021Market 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...
The NZ Building EconomistApr 21, 2021Offsite Overhead Recovery MissionLate one October 2020 evening, while discussing work war stories (dispute resolution) at a bar, a senior construction executive / QS...
The NZ Building EconomistMay 9, 2020Time 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.
The NZ Building EconomistMay 2, 2020"Let the Profit Margin be" - The Principles of ValuationThe Contractors financial and overhead expenses include any number of risks that frequently arise including the financial impact of Covid-19