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

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...

It is time to dispel the myth some Principal representatives have asserted, in recent times, that the Head Contractor Working Day Rate...

NZS3910 misrepresents Overheads as ON SITE, or OFF SITE... Our definitions are clear, but our terminology is misleading. The NZS3910...

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...

Here we explore [1] Valuing Variation, [2] Valuing Other Matters, and [3] the Principles of Valuation, to be applied to everything being...

Late one October 2020 evening, while discussing work war stories (dispute resolution) at a bar, a senior construction executive / QS...

The nature of a Covid-19 Shutdown causes extreme under recovery of Off-site Overheads using the standard Working Day Rate or % methods.