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Entitlement to Time-related Costs, when an EoT is not granted
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...
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Advance Notice (Early Warning) Default by the Principal
Since 2013, NZS3910 has made 5.21 Advance Notice or 6.10 Early Warning, popular for judging whether a ‘material’ Variation or Extension...
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Contractual Interpretation - What the Law Says
There are two all-important rule books that require our constant, thorough and relentless study of, in the quest to know the truth about...
The NZ Building Economist
Dec 10, 2023
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Head Contractor WDR excludes Subcontractor Time-related Costs
It is time to dispel the myth some Principal representatives have asserted, in recent times, that the Head Contractor Working Day Rate...
The NZ Building Economist
Sep 15, 2023
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'Project Specific' Overhead Recovery
NZS3910 misrepresents Overheads as ON SITE, or OFF SITE... Our definitions are clear, but our terminology is misleading. The NZS3910...
The NZ Building Economist
Mar 3, 2023
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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...
The NZ Building Economist
Jan 25, 2023
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Conditions of Tendering, the Rules for winning work
Ultimately, only one party can win a tender. How we go from everyone, to just one? is a very important question. The Australian Code of...
The NZ Building Economist
Nov 1, 2022
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One Notice Will Do, for “Extension of Time Variations” NZS3910
Have you been awarded an extension of time for a variation but denied the money for the variation and its time related costs for lack of...
The NZ Building Economist
Oct 5, 2022
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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...
The NZ Building Economist
Aug 28, 2022
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Getting to the Entitlement Point, is what really Matters
Qualifying circumstances must always be treated as a variation. It is a choice to argue badly as a tactic to distract, confuse, delay,...
The NZ Building Economist
Apr 10, 2022
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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
Jan 30, 2022
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The Engineer and Natural Justice
What is natural justice? The words “natural justice” have specific meaning in the law. Natural justice comprises two rules, the rule...
The NZ Building Economist
Dec 12, 2021
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The Principles of Valuation NZS3910:2013
Here we explore [1] Valuing Variation, [2] Valuing Other Matters, and [3] the Principles of Valuation, to be applied to everything being...
The NZ Building Economist
Nov 28, 2021
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Subcontractor Extension of Time Dis-entitlement, No harm no foul
Three infill units, Auckland's North Shore 2021 There was a time when subcontractors were never allowed to be late. It was a time when,...
The NZ Building Economist
Nov 21, 2021
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Show me your contract
To ensure fair resolution of claims emanating from subcontractors, the Head Contractor must be transparent with the Principal about...
The NZ Building Economist
Nov 14, 2021
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NZS3910 Corruption Awards – Identifying what is wrong, and calling it out.
Faced with many endemic challenges, our industry leading lights have recently pushed for a correction of some of the many ills linked to...
The NZ Building Economist
Oct 17, 2021
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NZS3910:2013 The Search for Variations - a quick reference guide
We have prepared an Excel formatted table of NZS3910:2013 references to variation clauses. Each is identified with the required Notice...
The NZ Building Economist
Jul 22, 2021
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Offsite Overhead Recovery Mission
Late one October 2020 evening, while discussing work war stories (dispute resolution) at a bar, a senior construction executive / QS...
The NZ Building Economist
Apr 21, 2021
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Detailed Design Disruption Claims
Dissatisfied with No, No, No… ? ? ? When you can’t get a variation order because; [1] the matter can be objectively “interpreted as a...
The NZ Building Economist
Mar 12, 2021
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Time 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 Economist
May 9, 2020
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