The NZ Building Economist

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 often assume. What...

The CCA Handbook is a comprehensive overview of the Construction Contracts Act 2002, as amended by the Construction Contracts Amendment...

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...