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Evaluating the effectiveness of construction payment provisions in New Zealand [electronic resource]

By: Contributor(s): Language: English Series: COBRA ; 2013Publication details: London RICS 2013ISBN:
  • 9781783210305
Subject(s): Summary: A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks at the effectiveness of payment provisions in relation to the current Constructions Contracts Act in New Zealand and suggests possible changes to increase the effectiveness of the Act. The research recommends that there needs to be changes to the CCA to have a separate means of securing payment in the form of escrow account, payment bond or any other means. This would encourage construction parties to use the CCA provisions and thereby improve the effectiveness of the overall Act.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 158786-2001

A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks at the effectiveness of payment provisions in relation to the current Constructions Contracts Act in New Zealand and suggests possible changes to increase the effectiveness of the Act. The research recommends that there needs to be changes to the CCA to have a separate means of securing payment in the form of escrow account, payment bond or any other means. This would encourage construction parties to use the CCA provisions and thereby improve the effectiveness of the overall Act.