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Retentions, What are they good for?
Are Retention's of use for guarding against insolvency, ensuring timely performance, or for ensuring quality work is delivered defect...
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The NZ Building Economist
Jan 25, 2023
Accurate Payment Claims need Timely Payment Schedules
There is nothing in NZS3910, SA2017 or the CCA that requires us to calculate our claims on a “value to date basis”, less a previous value...
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The NZ Building Economist
May 5, 2021
The CCA Meaning of Indicate
Section 21 (3) of the Construction Contracts Act 2002. (3) If the scheduled amount is less than the claimed amount, the payment schedule...
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