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...
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The NZ Building Economist
Feb 7, 2022
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
Jan 30, 2022
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
Sep 26, 2021
Outlaw Cash Retentions
It’s time to outlaw cash retentions, so we can find an honest way to deliver a quality product, without hurting anyone. Here we share two...
The NZ Building Economist
Sep 5, 2021
The Idiocy of Cash Retentions
Retention Regimes at what cost to our clients? Retentions are thought of as a safeguard against over-paying for work before it is...
The NZ Building Economist
Sep 25, 2019
Addicted to cashflow
It is like oxygen to lungs or fire that burns brightly
On the 25th subbies scribe their prayers politely.
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