Since its introduction twelve years ago, the Construction Contracts Act 2002 (CCA) has become a cornerstone of New Zealand’s construction sector. The CCA followed similar statutory interventions in the UK and NSW by seeking principally to redress the perceived power imbalance between principals and contractors and between contractors and subcontractors.
As New Zealand enters a period of significant construction activity, a number of changes to the CCA are in the pipeline. These are designed to improve and broaden the reach of the CCA. This paper summarises those changes and their impact on contractors and consultants…..