This webinar was live on 25 August 2023
This first webinar was specifically for main contractors, sub-contractors, clients, and payment certifiers (QS’s and Engineers to Contract).
Graham Burke, Transformation Lead People, Accord Transformation Unit, spoke with Peter Degerholm, Director, Calderglen Associates, and Amy Moorhead, Manager Building Policy, MBIE, who covered the key points below:
What is retention money and who needs to know?
Reasons for change - strengthening the retention money regime under Construction Contracts (Retention Money) Amendment Act.
What is changing and when these changes are coming into effect.
Offences and penalties if you don’t comply.
Changes since the Construction Contracts Act was introduced.
Next steps, and guidance available.
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30 авг 2023
