Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Turnaround for Waterview contract, smooth consent process

19 August 2011

Fast turnaround for Waterview contract due to smooth consents process

Changes to the consenting process have meant the Waterview Connection motorway has come to market much faster than it would have under the old system, the Contractors’ Federation said today.

Federation Chief Executive Jeremy Sole congratulated the Well-Connected consortium, which was announced by the NZ Transport Agency as the preferred tenderers for the $1.4billion contract.

Jeremy Sole said it was only last month that the consents were approved and already a group of New Zealand and international companies had been given the contract to start work in November.

“We’re really pleased that it’s come to the market so quickly. And it’s mainly due to the new consents process that this has happened in such a short time,” he said.

“The earlier the project starts, the sooner we will see the benefits to the region that we expect it will have.”

“Having said that, we feel for those that didn’t get chosen as it was a costly bid process. We hope that those companies will bid for other parts of the project as it progresses.”

Jeremy Sole said the Contractors’ Federation believes the Waterview Connection project will make a huge difference to the Auckland economy and to Auckland’s livability.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Federated Farmers: Applauds UK-Australia Free Trade Deal

News that Australia and the UK have signed a free trade agreement is a promising step forward in the fight against tariffs and protectionism, Federated Farmers says.
"It reinforces the international rules-based trading framework and is important for rural producers and global consumers," Feds President Andrew Hoggard says... More>>

REINZ May Data: House Price Rises Continue; Auckland Hits New Record Median Price Again

Median prices for residential property across New Zealand increased by 32.3% from $620,000 in May 2020 to $820,000 in May 2021, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>

Reserve Bank: Debt Serviceability Restrictions Added To Policy Toolkit

The Reserve Bank – Te Pūtea Matua and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available... More>>

Auction: 1.4 Million In Rare Vintage Watches, Gems, Jewels & Diamonds Go Under The Hammer At Webb’s

An auction event showcasing over 1.4 Million dollars in rare jewels, gems, diamonds and vintage watches is due to take place this Sunday by Auckland based auction house Webb’s... More>>