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Retention Money Part 2

In LBP skills maintenance 124 we gave a general overview of retention money, what it is for and what contractors should look out for if they choose to retain it as part of a commercial contract. This month, we’re looking at retentions again from the point of view of a subcontractor who is having retention money withheld from them. 

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16 June 2025
16 June 2025

Being Prepared for Building Inspections

building frame

Licensed Building Practitioners (LBPs) play a critical role in ensuring the structural integrity and weather-tightness of New Zealand’s residential buildings. However, recent data and industry commentary suggest that a significant number of LBPs are not adequately prepared for building inspections, leading to concerning failure rates. These failures often stem from issues such as non-compliance with the Building Code, incomplete documentation, or work being carried out beyond the LBPs scope of competence.

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26 May 2025

Poor Documentation for B1 and E2 is Slowing Down the Building Consent Process

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Professor Anthony Hōete shares the results of ModelDocs — a BRANZ funded research programme that delves into NZ’s building consent process to seek behavioural transformation.

One of the key findings is that B1 and E2 represent over half of all RFI line items related to NZBC clauses. So, what can we do to reduce those RFIs?

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26 May 2025

Bridging the Gap: Aligning Design and Reality in Passive Fire Remediation

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Remediation projects present unique and complex challenges that go beyond traditional design scopes. We want to show how this can lead to unfavourable outcomes if not addressed early on by the designers and specifiers on the project.

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26 May 2025

How Can We Design Thermally Efficient But Cost-Effective Homes?

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The key to improving the cost of NZ homes is about making lots of small improvements that will add up to a significant cost reduction.

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26 May 2025

Surface Water Solutions at Garages

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Understanding the applicable NZBC clauses for a durable, functional and compliant drainage system at the garage door.

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26 May 2025

The Summer Over-Heating Problem Requires a Holistic Approach

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In December last year MBIE asked for feedback on “…the H1 Energy Efficiency standards, specifically looking at insulation settings and improving flexibility of building design”, with submissions to be with them by the end of February this year.

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Cost Effectively Measuring Carbon Emissions

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This month MyImprint looks at methods and tools available to help small to medium-sized NZ businesses gauge their emissions accurately, and without breaking the bank. 

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26 May 2025

Looking Beyond the Collar: An Integrated Approach to Passive Fire Protection

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Selecting product suppliers that offer integrated system solutions can avoid receiving conflicting information that occurs when suppliers work in fragmented categories.

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3 May 2025

Proposed Building Consent Exemption Conditions for Small Standalone Dwellings

small backyard dwelling

In April, the Building Performance team published a checklist of the proposed conditions that must be met when using the small standalone dwellings building consent exemption. This exemption is expected to be in force by early 2026.

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2 May 2025

Are You Managing Your Retention Money Properly?

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The retention provisions in the Construction Contracts Act 2002 (CCA) were put in place to protect retention money owed to subcontractors in the event of a business failure, and to ensure retention money withheld under construction contracts is responsibly managed.

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