Construction investment at record high

For the first time in 12 years, the number of new homes consented to in Auckland exceeded 10,000 (as at November 2016). Over 1156 consents were issued in November alone, making it the strongest month for consents in more than 10 years. The Minister for Building and Construction, Hon Dr Nick Smith, highlighted the importance…

City Rail Link – one year on

One year ago construction began on New Zealand’s largest infrastructure project based in the heart of the Auckland CBD, the City Rail Link (‘CRL’). Project Manager Chris Meale highlights the positive approach taken by contractor teams working on the CRL to liaise with businesses and other parties affected by the works in the CBD. The…

Waikato Freight Hub under construction

Ports of Auckland announced this week the beginning of construction for the Waikato Freight Hub (‘WFH’). The WFH will be built on 33 hectares of land, 8 kilometers north of Hamilton at the Northgate Business Park, Horotiu. Fulton Hogan has been awarded the earth works contract to undertake the task of levelling the site. The…

Sigh of relief on retentions

Under the Construction Contracts Amendment Act 2015, retention money withheld under commercial construction contracts will be required to be held on trust. The purpose is to better protect retention money owed to contractors and subcontractors in the event of a business failure. Kensington Swan, identified a flaw in the transitional provisions of the Amendment Act,…

Consultation opens on new earthquake-prone buildings framework

MBIE has opened public consultation on the new earthquake-prone building (EPB) regulations and methodology. This is to inform the Building (Earthquake-Prone Buildings) Amendment Act, which will come into effect in 2017. Consultation will run until 15 December 2016. Submissions have been requested on both the proposed EPB methodology, and regulations relating to: The definition of…