Builders and Contractors Magazine, Summer 2016

Page 10

BUILDERS & CONTRACTORS

information to permit accurate costing, and then delays in getting full details to enable necessary pre production work such as shop drawings and approvals in time to meet construction programs.

Protection of Retention In getting its voice heard, PCNZ has been involved in speaking to government on issues such as inclusion of provisions for protection of retentions in the Construction Contract Amendment Bill. The

Precast NZ Inc

failure of Mainzeal several years ago gave impetus to PCNZ’s push on retentions and now, apparently, for the government to move on it. Retentions on construction projects will be required to be held in trust on behalf of the payee. PCNZ is represented

on the Specialist Trade Contractors Federation, the voice of the subcontracting industry in New Zealand. Through them, they worked with Master Builders to develop the first subcontract agreement with input from both head contractors and subcontractors. This is expected to be updated

next year in light of the new legislation. It seems that fiscal matters are a major and constant concern of PCNZ. It provided financial support to a Supreme Court appeal by sub-contractors that successfully overturned draconian lower court decisions that permitted

liqudators to claw back money that had been paid to subcontractors up to 2 years before a construction company was placed into receivership. This avoided potentially crippling demands on subcontractors. Closer to home, PCNZ has been involved in a committee drafting

0800Ducting Ltd Supply of spiral wound ducting to the precast concrete industry Spiral wound ducting is used to create a void in the precast panels or beams to allow starter bars, tie rods or stressing cables to be placed in the concrete. After tightening or stressing with hydraulic jacks, the concrete structures are much stronger. We supply the largest range in NZ from 30mm inside diameter up to 153mm inside diameter.

20 Villa St, Masterton | P: 0800 38 28 46 | E: 0800ducting@xtra.co.nz

Stahlton are proud to have supported Precast New Zealand Incorporated since 1999 and the industry for over 50 years. Quoting & Technical enquiries call 0800 STAHLTON (0800 782 458) Auckland 47 Airdrie Road, Ranui, Auckland 0612 PO Box 21124, Henderson, Auckland 0650 Ph: 09 831 0107 Fax: 09 833 4408

Christchurch 133 Waterloo Road Hornby, Christchurch 8041 PO Box 8369, Riccarton, Christchurch 8440 Ph: 03 344 3014 Fax: 03 344 3018

10 - BUILDERS & CONTRACTORS - SUMMER 2015

Otaki 70 Riverbank Road, Otaki 5512 Ph: 04 568 5092 ext 4776 0800 STAHLTON (0800 782458) B1504


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Builders and Contractors Magazine, Summer 2016 by Markat - Issuu