by Ben Rickard | Jun 3, 2022 | Bonds, Insurance
Recent media reports have highlighted volatile trading conditions in the building industry, with concern that these could affect the solvency of many companies. Indeed, we are already seeing a spike in liquidations both here and in Australia. What measures can...
by Ben Rickard | Jul 1, 2021 | Bonds, Guarantees
The protection of retentions has been an issue in the construction industry for years, not just in New Zealand but globally. Amendments to the Construction Contracts Act a few years back put obligations on head contractors to protect those retentions by holding them...
by Ben Rickard | Mar 8, 2021 | Bonds, Guarantees, Insurance
A lot of insurance is tied to contracts, so it’s critical you understand what’s in your contract and comply with the requirements in there. Even if you use a standard contract, things might change and you need to be on top of this, or you might end up in hot water....
