Stadium of Canterbury
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@taniwharugby this is what the council probably wanted, get buy in for increasing the budget so they can get a fixed price negotiated and hand it all off to someone else, if it comes in under budget (ie wasted money) they get to say they asked and everyone was fine with it...and if it goes over then its the contractors problem
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@taniwharugby said in Stadium of Canterbury:
who would take on a fixed price contract in the current climate, unless your price is way above market?
Sure you price in contingencies, but the world be crazy and prices escalating, and the time frames involved here...
https://www.stuff.co.nz/national/129249542/fixedprice-contract-negotiated-for-christchurch-stadium
actually read it
Bragg said securing this contract meant there was a “very, very low” chance of ratepayers having to stump up more money in the future, if councillors decide to spend an additional $150 million now.not exactly "Fixed" then is it!
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If it’s fixed price and prices go up, the options are
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construction company makes a loss. They will do all they can to avoid this, so
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they use inferior quality (cheaper) materials and/or cut corners
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or they themselves negotiate fixed prices or discounts with suppliers…for suppliers then see 1 and 2
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@Hooroo isn't it decided? i thought they'd agreed the new contract
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@Kiwiwomble said in Stadium of Canterbury:
@Hooroo isn't it decided? i thought they'd agreed the new contract
Nah. They are deciding today. It’s live on stuff.
Non binery folk aren’t supportive, it appears. (This was in the submission a few moments ago)
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@Hooroo said in Stadium of Canterbury:
@Kiwiwomble said in Stadium of Canterbury:
@Hooroo isn't it decided? i thought they'd agreed the new contract
Nah. They are deciding today. It’s live on stuff.
Non binery folk aren’t supportive, it appears. (This was in the submission a few moments ago)
Interesting, you'd think that they wouldn't assume it as a yes / no distinction.
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@taniwharugby said in Stadium of Canterbury:
who would take on a fixed price contract in the current climate, unless your price is way above market?
Sure you price in contingencies, but the world be crazy and prices escalating, and the time frames involved here...
https://www.stuff.co.nz/national/129249542/fixedprice-contract-negotiated-for-christchurch-stadium
From a business perspective that's the most stupid decision I have ever seen. If another price hike hits you have basically garenteed that your business is going down the drain. And at best the building company has garenteed that they won't make money on the job.
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@Mackerzzzz thats not true, they have not guaranteed they wont make any money, they made the deal at the tail of covid when shipping materials was the hardest, lots to suggest they will become easier to source....and they will have hiked a huge premium onto the price to be locked in....the construction company is the last one im worried about
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Major concrete pours for Te Kaha to begin later this month
Work on Te Kaha, Canterbury’s Multi-Use Arena, will hit a new milestone later this month when the first of the foundations’ major concrete pours is completed.
New Christchurch Stadium | One NZ Stadium
One NZ Stadium is the new Christchurch stadium in the centre of Otautahi, Christchurch, the ideal place to host all the biggest and best games, gigs and…
thought there might be some webcams or something but couldn't see any, regularly checked in on the webcams for Forsyth Barr
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@Kiwiwomble I'm astonished they're actually commencing work on this.
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@antipodean said in Stadium of Canterbury:
@Kiwiwomble I'm astonished they're actually commencing work on this.
doesn't seem like a cracking pace considering it was signed off in July last year
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Artist's impression, subject to design development -
@Kiwiwomble All the renders of the stadium have that caveat attached.
Pretty pictures mean SFA once the value engineers get their mitts on a design.
