Building Business April 2014

the latest news FROM YOUR building supplies SPECIALIST

GET YOUR ITM 500 DRIVER SIGNING POSTER AND MAP INSIDE

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ITM 500 AUCKLAND

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LBP RELICENSING

ISSUE 54: APRIL 2014

building business

Kiwi trio primed for Pukekohe Park Raceway

A quick and easy guide on how to renew your LBP license

Reading BUILDING BUSINESS will contribute towards your LBP skills maintenance requirement. Ensure you log this in your ITM diary TODAY. APRIL 2014.

SPORTS & EVENTS

KIWI TRIO PRIMED FOR ITM 500 AUCKLAND Boosted by a stunning debut for Volvo in the hands of 20-year-old Scott McLaughlin in Adelaide, the Kiwi trio are primed and ready to shine at the ITM 500 Auckland at Pukekohe Park Raceway at the end of this month - 24th to 27th April.

McLaughlin, who guided the new Volvo to second in race two at the Clipsal, created the headlines.

However it proved a superb weekend for New Zealand drivers, with Shane van Gisbergen taking podiums in two of the three races. Fabian Coulthard completed an outstandingly consistent weekend with two fourth and one fifth placing, to lie in second place overall in the championship.

“Now I am massively looking forward to Pukekohe.

I had that amazing race win there last year but we are coming there with a better car and the aero package is pretty good too and we will definitely be a contender,” said McLaughlin.

McLaughlin became the youngest ever winner in V8 Supercars when he stood on top of the podium in the first race at Pukekohe last year, with fellow Kiwi drivers Fabian Coulthard and Shane van Gisbergen enjoying success as well.

“It is great for the New Zealand public we have three drivers that are capable of winning races.

I hope the fans turn up at Pukekohe again and support it.

“Nothing beats being in front of your home fans, with them cheering and waving the New Zealand flag. When I got out of the car last year at Pukekohe when I won it was incredible,” McLaughlin exclaimed.

Coulthard echoed the comments.

“It was a really good start for us and for the other two Kiwi boys. But no doubt we are all focussing on coming back to Pukekohe and doing well again in front of our fans.”

Motorsport fans will be able to experience support category action on Thursday 24 April, before an afternoon start on Anzac Day with V8 Supercars race action including the first 100km race. There will be two further 100km races on Saturday and one 200km race on Sunday.

Get your tickets now for the ITM 500 at Ticketek.co.nz

In this issue ITM 500 Auckland 2 Withholding a record of work 3-4 ® New 1350mm GIB Aqualine 5 Building Basics: Your Business

6-7 Super Stick building tape 7 Hitachi 5.0Ah 8 Power tools 9

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Avoid surface flooding 10 Bathrooms 11 LBP Relicensing 12-13 Quake study to improve seismic performance 14 Pryda earthquake resilience kit 15 Bostik Gold Coast promotion 16 Irwin Impact performance series

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Pink Batts 18 Contract works insurance 19-20 James Hardie RAB board 20 The ITM fishing competition 21 Cemix Quick Patch 22 Haydn Builder Board 23 ITM 500 promotion 24

Building Business is a bi-monthly magazine produced by ITM Support Office. For feedback or address updates contact: ITM Support Office, PO Box 101556, Rosedale, Auckland. Email: buildingbusiness@itm.co.nz, Ph: 09 415 2787.

LEGAL

Can a licensed builder withHold a record of work?

A “record of work” is something that a licensed building practitioner (“LBP”) must hand over to his client and the local territorial authority, when he completes his work. He only has to do this if he is doing “restricted building work” under a building consent. A regular column by Geoff HArdy aN AUCKLAND Commercial Lawyer Restricted building work can be design work or construction or alteration work, but it only applies to a house or a small-to-medium apartment building. It must be work that is important

The LBP must, on completion of his restricted building work, provide a record of work in a special form.

enough to affect the structural integrity or weathertightness of the building, or its fire safety systems. It includes bricklaying or blocklaying, carpentry, external plastering, foundations, and roofing.

Whether the LBP personally carries out that work, or merely supervises it, he must, on completion of his restricted building work, provide a record of work in a special form. The form itself is pretty basic. It simply states what restricted building work he carried out or supervised. You might ask, what is the need for such a form? Surely everyone involved in the project already knows what the builder did and didn’t do? But the answer isn’t quite that simple.

When the 2004 Building Act first came out, the document now referred to as a “record of work” was originally referred to as a “certificate”, and later as a “memorandum”.

Originally, the “certificate” required the LBP to confirm that his restricted building work complied

with the building consent. There was an outcry about that, so the requirement to certify building consent compliance, now only applies to design work.

The “record of work” is now simply a record of what restricted building work the licensed building practitioner carried out or supervised.

THE REASON FOR THE REQUIREMENT The purpose of a record of work is to enable building owners to identify who did the work, so that if defects emerge later on, they can track them down and hold them to account if necessary.

This is because experience (particularly during the leaky building crisis) has shown that defects often take a long time to emerge, transfers of ownership of buildings increase the likelihood that knowledge of who performed the building work will be lost, and the territorial authority records were not always as thorough as they should be.

The “record of work” is now simply a record of what restricted building work the licensed building practitioner carried out or supervised.

There are two important points to note about the requirement.

First, there are no exceptions to the rule. You simply have to hand over a record of work, no matter what. Secondly, the time when you have

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LEGAL

to hand it over, is “on completion of the restricted building work”. There is no definition of “on completion”, so logically the builder is allowed a reasonable period to put it together and get it to the owner and the territorial authority.

In cases where the owner has barred the LBP from the site before the restricted building work is finished, the LBP arguably still has to provide a record of work for the work that he has been able to finish.

There are many reasons why a builder might not hand over a record of work – some more justifiable than others.

At one extreme, he might have suffered a heart attack or a stroke and be incapacitated, or he might have had to leave the country urgently to deal with some family crisis.

At the other extreme, he might be completely indifferent about complying with his statutory obligations, or he might be withholding it as leverage to extract something out of the client that he otherwise wouldn’t be entitled to.

In between those two extremes there are a lot of reasons that might be justifiable to some degree – he might be preoccupied trying to cope with unexpected crises at home and at work, or he might be suffering from a mental breakdown or depression, or he might be withholding the record of work because an unscrupulous client is trying to extract something out of him that he otherwise wouldn’t be entitled to.

The purpose of a record of work is to enable building owners to identify who did the work, so that if defects emerge later on, they can track them down and hold them to account if necessary.

YOUR JUSTIFICATIONS DO COUNT Even though the Building Act says that you have to hand over a record of work regardless of the circumstances, there is no specified penalty for failing to do so. However, it is one of the grounds on which the Building Practitioners Board can discipline the LBP under the Building Act, and the penalties the Board can impose range from cancelling, suspending or restricting his licence, ordering him to undertake training, fining him, or reprimanding him.

But the Board can only choose to discipline the builder if the builder has failed “without good reason” to provide a record of work. This is where

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the LBP’s reasons for withholding the record of work become relevant.

The most common situation in which a builder is going to withhold a record of work, is where he is in dispute with his client and the client has withheld payment of one or more of his invoices.

Particularly in cases where the builder is honest and diligent and the client has either jumped to unjustified conclusions or is himself a dishonest person, the builder understandably is going to wonder why he has to toe the line when there is no such pressure on the owner.

The most common situation in which a builder is going to withhold a record of work, is where he is in dispute with his client and the client has withheld payment of one or more of his invoices.

After all, just as the builder is obliged by the Building Act to hand over the record of work, so is the client obliged by centuries of judge-made law to pay his due debts.

In those cases, this is what I would recommend to builders. You can take the stance that you have a “good reason” for withholding the record of work if you like, and argue your case before the Building Practitioners Board, but it is a risk.

If you don’t want to gamble with your livelihood, then provide the record of work regardless of the dispute.

Disciplinary proceedings before the Board are not pleasant for any builder, and they should be avoided at all costs. There are plenty of other ways to resolve your dispute with your client and recover the money that is owed to you - including my preferred option, which is adjudication under the Construction Contracts Act.

Geoff Hardy has 38 years’ experience as a commercial lawyer and is the senior lawyer in the Auckland firm “Madison Hardy”. He guarantees personal attention to new clients at competitive rates. His phone number is (09) 379 0700, fax (09) 379 0504, and email geoff@madisonhardy.com. This article is not intended to be relied upon as legal advice.

NEW PRODUCT

NEW 1350mm GIB Aqualine® The GIB Aqualine® range now includes an option to cater for the growing trend of bathrooms with stud heights above 2.4 metres.

New 1350mm wide GIB Aqualine® (TE/SE in 3.6m length only) is ideal for horizontal fixing on 2.7m studs, meaning fewer joints and a better wall finish.

Like the existing GIB Aqualine® range the new addition, with its water resistant core, reduces the amount of moisture normally absorbed by the lining, preventing it from passing through to the underlying framing and causing serious damage.

So, protect your customer’s bathroom from steam and moisture damage. Insist on locally made GIB Aqualine®, lining kiwi bathrooms since 1927 and your best insurance against future liability and expensive call-backs.

Find out more about GIB Aqualine® visit gib.co.nz/products or call 0800 100 442.

Spend $999 (ex GST) or more on GIB Aqualine® and get a

free LED Lenser P14.2 torch 125 torches to give away, only while stocks last.

Qualifying products are GIB Aqualine® 10mm and 13mm.

Promotion valid until 11th May, 2014 or while stocks last. See in-store for more details.

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BUSINESS SUPPORT

Setting up a building business Running your own business has a lot of appeal for New Zealanders, and that’s particularly true for builders. In this issue we begin a series of articles about how to set up and run your own building business.

Article 1 in a series of articles promoting THE Building Basics: Your Business book from branz

Being your own boss means you choose the jobs you work on, make the decisions and keep the profits. But how do you start out?

Over 2014, this publication will run 6 articles about setting up and running your own business, adapted from the BRANZ book Building Basics: Your Business. This issue starts with choosing the business structure and business contracts.

Coming issues will cover: • Business planning and pricing • Employing staff and buying insurance • Tools and health and safety • Working with clients and settling disputes • Working with subcontractors.

Self employed, partnership or company?

Businesses with fewer than 20 employees make up around 95% of all New Zealand firms. This article focuses on the three most common business structures in the building industry – sole traders, partnerships, and companies.

Sole traders Sole traders are self-employed people. There is no legal process required to set up the business.

The owner takes all profits and is personally liable for taxes and debts. Many sole traders don’t pay themselves a wage but take money from the business when needed for personal use.

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+ Advantages: • A simple way to start in business with relatively little paperwork.

• Some tax benefits – losses can be offset against other income.

- Disadvantages: • The owner is liable for the debts of the business.

Personal assets are at risk.

• Personal guarantees or security over personal assets are often needed when borrowing money.

• A sole trader business can be hard to sell.

Partners In a partnership, two or more people run a business together. Partners share responsibility for debts, and share profits or losses. A partnership agreement is a good idea. + Advantages: • More than one owner should mean more skill and experience.

• Start-up costs are relatively low.

• Partnership losses can be offset against other personal income.

• Finance can be raised by introducing a new partner.

- Disadvantages: • All partners are liable for debts, regardless of which partner incurred them, and personal assets are not protected.

Limited liability company A limited liability company is a legal entity in its own right, registered with the Companies Office and separate from its shareholder/owner(s). In small companies the shareholders are often the directors and run the business. + Advantages: • If a company fails, shareholders are not liable for its debts unless they have offered personal guarantees or are also directors who have traded recklessly.

• Companies can have any number of business owners/ shareholders.

• Clients and suppliers often prefer doing business with a company.

• Companies don’t need Inland Revenue approval to pay wages to relatives.

• Directorship/ownership changes do not mean the end of the company – part or all of the company can be sold by selling shares.

• Shareholder lending to the company can be secured.

- Disadvantages: • A director can be held personally liable for company debts if they continue trading when the company is insolvent.

• Business losses have to remain in the company.

BUSINESS SUPPORT

• If a partner pulls out the business ceases to exist.

• Personal guarantees or security over personal assets are often needed when borrowing money.

Building Basics: Your Business Running your own business is something that many builders aspire to. So how does a builder know what to do when they make the decision to go it alone? They learn from others, they do some things that work well and others that don’t, but until now there has been no one place they can go to find out everything they need to consider before starting their own business.

This book outlines the key things someone starting their own business needs to think about - many of which are legal requirements. For those already running a business, it is a chance to evaluate progress and get some ideas on improvements.

This book is available on the BRANZ website for $51.95.

But stay tuned, because in June we will have a special price for ITM customers and we will be giving away these books on qualifying purchases.

Most builders choose a limited liability company for the protection it gives.

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SUPER STICK BUILDING TAPE

Super Stick is a high performance window and door flashing tape that can be applied in extreme conditions without the use of primer or mechanical fasteners on most substrates.

Benefits • Can be installed in cold conditions down to –5°C. • Adheres to damp surfaces.

• Easy to install peel-and-stick application.

• UV resistant for 90 days.

• Will not react with sealants and there is no plasticizer migration (check suitability with sealant manufacturer).

• Can be used with RAB systems – Plywood, fibre cement sheet.

• Split back liner for easy install.

• Can also be installed in very hot conditions.

• Extremely high puncture resistance & tensile strength.

• Residential & commercial applications.

• Very thin & no build up • Won’t affect cavity battens or window installation.

• BRANZ Appraised # 846 (2013).

• Also forms part of The Tekton Weatherization System BRANZ # 621 (2008). #SUPST150

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Double the work of a 3.0Ah battery

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Hitachi’s NEW 5.0Ah ENERGY battery technology delivers more energy and more runtime!

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E E R F

Purchase any 5.0Ah kit plus any qualifying bare tool from ITM and receive a bonus 5.0Ah ENERGY battery!

Visit in-store or www.hitachipowertools.co.nz/promotions for full details

* Results may vary, dependent on application and conditions 8

POWER TOOLS

FREE OFFICIAL ITM500 T-Shirt

210mm Circular Saw

Jobsite Radio

• 1800 watt • Die-cast magnesium base • Increased bevel capacity of 50° • Twin, built in LED lights • 75mm cutting depth

• Trayless dock for iPhone or iPod • Uses 30-pin connector • Capable of using 7.2V to 18V Lithium-Ion batteries • Easy to read digital tuner • Twin speakers • AC adapter connects to power source

#5008MG

#BMR103B

$335 EXCL GST

$225

18v XR Li-Ion Brushless 90mm Framing Nailer

Tough SystemTM

• Worlds first battery only framing nailer • Fires 50-90mm Clipped/Offset Nail, • 30-34° Angle • 2 x 4.0Ah Li-Ion • 18V batteries that fit DeWalt 18V powertools.

EXCL GST

• Complete tool storage system • 955 x 235 x 681mm • Small, medium, large stackable boxes • Waterproof • Carrier trolley for transportation and security #1-70-349

# DCN690M2-XE

$1,099 EXCL GST

$455 EXCL GST

18V Pro Series Twin Pack

18v Pro Series 4 Tool Combo Pack

• 13mm pro series Impact Drill (DV18DSDL) • Impact driver (WH18DSAL) • New: 2 x 5.0Ah energy Li-Ion batteries

• Impact drill, impact driver, circular saw and 125mm angle grinder • Smart charger and site bag • New: 2 x 5.0Ah energy Li-Ion batteries #KC18DRL(GB)

#KC18DKL(GB)

When you spend over $150 or more on any of these products* *Limit of one per account Strictly while stocks last

$719 EXCL GST

$1,079 EXCL GST

18v Collated Screw Gun (bare tool)

18v Sabre Saw (bare tool)

• Super smooth and quiet operation • Accepts 25-41mm screws • Compatible with ALL Hitachi 18V slide batteries • Supplied without batteries, charger and carry case

• Tool-less blade change and adjustable front foot • Variable speed control • Compatible with ALL Hitachi 18V slide batteries • Supplied without batteries, charger and carry case

#WF18DSLnn

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$375 EXCL GST

$249 EXCL GST

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PRODUCT knowledge

AVOID SURFACE FLOODING Drain excess water with Marley® 130mm surface drainage channel.

When we create a permanent surface, like a concrete driveway or patio, it creates the need to drain excess water. The Marley 130mm Channel is ideally suited to solving any ponding or flooding that may occur in these impermeable areas.

Installation Instructions Sufficient slope in the paving and channel should always be determined prior to installation to accommodate desired water run-off. The channel should not be installed along the line of the vehicle wheel travel.

The Marley 130mm Surface Drainage system is: • Lightweight and easy to install • Simply snaps together with a male and female Jointing system • Comes in 1 metre and 3 metre lengths • The installer only needs six components to install a complete system.

130mm Channel components and accessories

Channel and Grate 1 metre #1SDCGB130

Channel and Grate 3 metre #1SDCGB130.3

1. Dig trench – compact GAP7, backfill and then level.

Channel Bend 45 Degree

2. Place channel in trench.

End Outlet (90mm inside 100mm outside)

#1SDBCB130

#1SDADB100

Male Joiner (For connecting two male ends)

3. Engage all modules, including bends, before backfilling.

#1SDMMSPB

Female Joiner (For connecting two female ends) #1SDFFSPB

4. Connect outlet End Cap 130 #1SDSTB130

5. Always backfill with concrete, with the grating fitted.

Haunch concrete up and around channel without leaving any empty spaces in the area below the section where the grating is fitted in all trafficable situations.

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®

FREE OFFICIAL ITM500 T-Shirt

When you spend over $150 or more on any of these products* *Limit of one per account. Strictly while stocks last

Bathrooms

Shower Tray • For 2 & 3 sided showers • Sure Seal tray • These two sizes of trays offer up to 20 different combinations of Sierra and Millennium showers

FREE Easy clean waste

##065200 – 900 x 900mm

Sierra Shower • Sure seal shower tray with easy clean waste • One piece wall lining available flat or moulded • 6mm safety glass • Door can be left or right hand opening • Made In New Zealand • 900 x 900mm

FREE Easy clean waste

#0S8F009901 – 3 sided flat #0S8F009902 – 2 sided flat

$259 EXCL GST

#065600 – 1000 x 1000mm

$279 EXCL GST

$979 EXCL GST

Supertub Workstation

Supertub Single Drawer

• 1200w x 562d x 900h • Three giant storage drawers with compartments • Single lever mixer tap for fingertip control

• 560w x 562d x 900h • Single drawer storage with large chrome basket inside • Single lever mixer tap • Seamless stainless steel bowl

#ST9001W

#ST6001

$1199 EXCL GST

$629 EXCL GST

HOT WATER BY RHEEM RIC • GAS • SOLAR ELECT • HEA ER T PUMP • B O I L I N G WAT

Make the right choice first time New Zealand’s appetite for hot water has grown along with the size of our houses and the number of showers, baths and washing machines.

Then there are spa pools and spa baths, showers with mulitple heads, swimming pools and on-demand boiling water. The key to it all is the delivery of an abundance of hot water.

HOT WATER THE TRUTH ABOUT IN YOUR HOME AT E R G A S • S O L A R • H E AT TRIC • PUMP • BOILING W ELEC

Rheem EZ Guide To help you choose the right water heater for your client, Rheem has developed an online reference guide. Answer the questions, calculate the total points and then check your answer against the charts. The charts give you a range of options for gas, electric and renewable energy water heaters, which you can discuss with your Rheem representative or contact the Rheem Customer Service team on 0800 657 336.

Simply go to www.rheem.co.nz to get started on your EZ Guide.

STEADY, HOT & STRONG 3RD EDITION

& STRONG STEADY, HOT

INSTALL A RHEEM

TM

TM HEEM INSTALL A R

www.rheem.co.nz

w w w . r he e m .co.nz

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LBP NEWS

LBP Relicensing

Make sure your licence is

Here’s how it works.

1. Relicensing notice

2. Final relicensing reminder + late fees

6 weeks before your LBP card expires MBIE will send you a notice to let you know it’s time to relicense.

If you haven’t relicensed by the date in the notice, MBIE will serve you a final reminder notice.

You’ll need to:

A late payment fee of $25.56 will be incurred and MBIE will let you know the final due date for you to relicense.

a) Confirm that you want to continue to be an LBP. b) Check that your details are correct.

C) Pay the annual licence fee before the due date to avoid late fees.

D) CompLete your Skill Maintenance record if it’s due.

Save time. Relicense online.

Here’s how: 1

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Go to www.lpb.govt.nz and click on the LBP login button.

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This takes you to the LBP Transaction page and you will need to log in by clicking on this button

LBP NEWS

valid so you can continue to get the good jobs

3. Licence suspension

4. Licence cancellation

If you don’t relicense by the final due date, your licence will be automatically suspended. This means you can’t call yourself an LBP, use the LBP logo or do ANY Restricted Building Work unsupervised until you relicense.

If your licence is suspended for 12 months then it will be automatically cancelled and you many need to re-apply for an LBP licence.

Your suspended licence history will show on the public register for 3 years EVEN if you do decide to relicense later.

If you want to continue to be an LBP, relicence NOW.

QUESTIONS? Check out www.lbp.govt.nz Phone on 0800 60 60 50

3

If you already have a User Name and Password, enter them on this page.

4

Once you’re in, look at the left hand menu and start your relicensing.

If you don’t, it’s really easy to set one up - just remember to have your Activation Code handy.

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INDUSTRY NEWS

quake study aims to improve seismic performance A major research project has been launched to improve the resilience of the types of homes that performed poorly in the Christchurch earthquakes.

Engineering experts from BRANZ, with research support from EQC, will use computer modelling to assess the impact of simulated seismic action on modern homes with more complex configurations.

The research has been prompted by findings that less complex homes in Christchurch performed better in the quakes than those built beyond the limits of New Zealand Standard 3604.

BRANZ and EQC expect the learnings from the research will be used to develop new guidelines for houses built outside the scope of NZS 3604 in order to mitigate the potential damage in earthquake events.

A common phenomenon observed during the Canterbury earthquake sequence was the damage at the junctions where bracing systems changed or where the layout of the building was changed during renovations.

“We found that many older buildings, pre-NZS 3604 Standard light timber framed houses with small windows and smaller rooms, had performed better than many modern buildings with complex seismic resisting systems,” said project leader Angela Liu. “The team observed more severe earthquake damage in homes which often had a mixture of different seismic resisting systems, either because of the presence of bigger rooms at one end of the dwelling or larger windows included on one side for a better view.

“Currently, it appears there is often a mismatch between the mixed stiffness bracing elements resulting in some parts of the house moving more than others in an earthquake.

“We repeatedly found that cracking had appeared at the points where the stiffer and the more flexible bracing met. We also found that the more flexible bracing associated with the desire to take advantage of the view resulted in significant cladding and window damage to the extent that the dwelling was uninhabitable.

“We are aiming to find better ways to improve the performance of these more complex houses,” said Ms Liu.

View the new earthquake repair videos from MBIE: www.itm.co.nz/ mbievideos

SIGN UP TODAY

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FOR BUILDING BUSINESS

Reading this will contribute to your LBP skills maintenance requirEMENTS Its quick and easy to subscribe online www.itm.co.nz/subscribe 14

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ITM supporting builders through the ITM LPB Programme

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NEW PRODUCT

INTRODUCING THE EARTHQUAKE RESILIENCE KITS Much of the damage to the existing housing stock in Canterbury was due to the dwelling being shaken off their piles and hot water cylinders being ripped off their mountings.

The Earthquake Resilience Kit, manufactured by Pryda New Zealand for New Zealand conditions, is available in two variations - one for concrete piles and one for timber piles. Both kits contain the necessary fasteners to attach the wooden or concrete piles to the subfloor structure as well as Plumber’s Strap to restrain hot water cylinders and header tanks. The remaining strap can also be used to ensure the roof structure is adequately fixed down to supporting walls. It is recommended that these kits be installed by Licensed Building Practitioners however competent DIY’er home owners may also be capable of undertaking this task.

The Building Code was reviewed in 1978 and updates were made to the pile-to-bearer connections to ensure they could withstand sizeable earthquakes. These fixings should be checked from time to time as they may be liable to corrosion. The owners of the 930,000 homes built before 1978 not subject to these updated regulations should consider the Pryda ‘Earthquake Resilience Kit’ to reduce the possibility of damage during future quakes. #EQRKW - Wood Kit #EQRKC - Concrete Kit

$349 EXCL GST

The products within the kits are suitable for the following applications:

Further information is available from Pryda New Zealand 0800 88 22 44 or sales@pryda.co.nz

WIN 1 of 10 PULSAR

Pryda are celebrating their 50th birthday and would like to give you the chance to win 1 of 10 Pulsar watches valued at $250. Simply purchase any of Pryda New Zealand’s wide range of products and complete an entry form available in-store.

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NEW PRODUCT

K I T S O B BUY DRAW TO WIN... & BE IN THE

T S A O C D L O G E H T N O K A WEE

!

S E T A M 3 D N R A O F YOU

Purchase at least 1 BOSTIK product listed below from any ITM between 1 April-31 May 2014, to go in the draw for 7 nights on the Gold Coast for 4 people, including unlimited VIP access to Movie World, Sea World and Wet‘n’Wild theme parks!

Simply complete an entry form and drop it into the entry box by 31 May 2014.

Enter the draw † as many times as you wish, provided that each entry contains a unique invoice number from an eligible Bostik purchase at any ITM. FOR FULL DETAILS AND TERMS & CONDITIONS PLEASE SEE ENTRY FORM IN-STORE. †

WARNER BROS. MOVIE WORLD and logo and all related characters and elements are trademarks of and © Warner Bros. Entertainment Inc. (s11) SUPERMAN and all related characters and elements are trademarks of and © DC Comics. (s11)

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Draw date will be 30 June 2014

Bostik products that qualify for this promotion include: Wallboard Gold range, Alpha Grip, Tuf as Nails range, Handy Wipes, Seal n Flex range, Safe Fix and Safe Seal range, Clear Seal, Shower Grip and Shower Seal range, Bostik Silicone range, Fill A Gap.

NEW PRODUCT

Impact Performance Series IRWIN Tools have released their Impact Performance Series Screwdriving Bits, designed specifically for use in impact drivers.

Screwdriving Bits Available in Phillips®, square recess, Torx®, and tamperresistant Torx® bits. Phillips and square recess bits are forged rather than milled, so they fit fasteners more precisely, which reduces stripping and increases the life of the bit itself – up to three times longer life than standard insert or power bits.

They’re manufactured with heavy-duty, cold-forged, highgrade steel that withstands extremely high torque output.

Magnetic Nutsetters Designed to drive the fastener from the side, rather than forcing the corners to turn, maintaining the shape of the fastener and dramatically reducing breakage and damage from stripping. The lobular design provides more clearance on the corners of the fastener where paint build-up often occurs.

Bit Holders Incorporate a c-ring design with rare earth magnets to hold the bit securely in place.

Socket Adapters Available with a ball-lock retention design for applications when quick-change is ideal. The body of the socket is forged for additional strength.

Power Bit Set – 5 piece

Power Bit Set – 10 piece

• 5 x 50mm impact square # 2 • 50mm Plastic Case

• • • •

#T9097046

4 x Philips 4 x Square 1 x Hex 5mm Magnetic bit holder

#T9097013

FREE OFFICIAL ITM500 T-Shirt

$949

EXCL GST

$1499

EXCL GST

Lock-n-Load Extension Set – 6 piece

Nutsetters

• 3 x Philips • 2 x Square • 1 x lock n load extension 63mm

• 1/4”, 5/16”, 3/8” Nutsetters • Magnetic • 47mm length #T1837531

#T9097299

When you spend over $150 or more on any of these products* *Limit of one per account Strictly while stocks last

$1349

EXCL GST

$1399

EXCL GST

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Pink® Batts® loves

- thinking ahead Installing more wall and ceiling insulation than the minimum levels required in the Building Code will make your home even more comfortable and cheaper to heat.

The extra up-front cost of upgrading to Pink® Batts® Ultra® insulation versus the long-term benefits of higher R-values makes it a wise decision.

FREE OFFICIAL ITM500 T-Shirt

When you spend over $150 or more on any Pink Batts Ultra products* *Limit of one per account Strictly while stocks last

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If the budget is tight, concentrate on getting Pink® Batts® Ultra® insulation into the walls during the build phase. Why? Because once they are clad and finished it is a big, messy job to go back and retrofit later.

BUSINESS SUPPORT

CONTRACT WORKS INSURANCE A Contract Works policy provides cover on the property insured during the construction period. We explain some common issues to be aware of.

Whether you’re building new or doing an alteration, extension or renovation, your contract will require contract works insurance be arranged to cover the work. The policy provides cover for sudden and accidental loss or damage to the works specified in the contract, including from: • • • • •

Fire Theft Vandalism Construction collapse Natural disaster – earthquake, flooding, landslip, tsunami, storm • Other accidental damage to the contract works There are some common issues with claims under contract works insurance that builders should be aware of: Faulty workmanship. Damage caused directly by defective workmanship is not covered by the policy. A common problem at claim time is deciding whether damage was caused accidentally or by faulty workmanship. If your claim is declined for this reason you may be able to claim on your public liability policy, but only if it includes cover for faulty workmanship, such as that from Builtin.

Scratched windows. If this is deemed to be faulty workmanship the cost of replacement may not be covered. The typical scenario is that “someone” scratches the glass when cleaning off splashes of paint. There is a New Zealand standard for cleaning glass (NZS 103.12.6.2) and some insurers

are now declining claims if these standards weren’t followed when the damage occurred. You should make your sub-contractors aware of this problem and ensure they take extreme care when cleaning glass by following the standard.

Who pays the excess? The excess for damage caused by natural hazards has increased substantially since the Christchurch earthquakes.

Insurers all calculate it differently; it could be a percentage of: A. the total contract value when complete B. the value of the work completed at the time the damage occurred C. the value of the actual damage Let’s say you’ve done $200,000 of work on a $500,000 contract when an earthquake hits, causing $20,000 of damage. Depending on what it says in your policy the excess could be: A. $5,000 up to $50,000 (in earthquake prone areas) B. $2,000 up to $20,000 C. $1,000 (the minimum excess) Unless your contract says otherwise you could be responsible for paying the whole excess. We recommend you specify who pays the excess in your contract.

When does the policy expire? Regardless of the end date on your policy, and depending on your

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BUSINESS SUPPORT

insurer’s specific terms the cover will stop on the earlier of: • • • •

Practical completion When the owner starts using the building If it’s a spec, when 95% of the budget is spent The end date on the policy

So you may not have cover if the owners move in, or even just start storing their stuff in completed parts of the building. If the project is delayed you must remember to extend the policy. Most policies include cover for the maintenance period, either automatically or as an option. This covers damage you’re responsible for that happened during the contract period but is only discovered later, or damage that happens while you’re carrying out work during the maintenance period.

Who should arrange it? If it’s a new build most contracts will require the builder to arrange the policy. Make sure you include the value of any materials supplied by the owner/principal, and if required list the sub-contractors that need to be covered too. You should also check that the allowances, such as for demolition, removal of debris and cost inflation reflect the requirements of your contract too.

If it’s an alteration, renovation or in any way involves an existing structure, you should ensure that the owner arranges the contract works insurance. Most contracts will specify this and it’s for their protection as well as yours:

• It’s best arranged by the same insurer who already covers the existing structure. The current insurer must be notified that work is going on, usually in writing, as they may decline cover if there’s a claim and they weren’t told.

• If you arrange it and don’t include cover for the existing structure, or don’t arrange enough, you may be liable for any damage that occurs, say from water damage that affects other parts of the house.

What if I have an annual policy? These can be very convenient and cost effective if you build new homes that are all in a similar price range.

You don’t have to apply for cover for every job, or remember to extend it if a project is delayed.

They’re not recommended if you do mainly alterations and renovations, for the reasons explained above. Annual policies come with a maximum contract value. This means contracts below this amount are automatically covered.

However, any jobs that exceed this amount will have no cover at all. For those you’ll need to arrange a separate policy.

Builtin New Zealand is a specialist in insurance, bonds and independent guarantees for the construction industry. For more information visit www.builtin.co.nz, email Ben Rickard at ben@builtin.co.nz or call him on 0800 BUILTIN.

PRE-CLADDING WITH RAB® BOARD James Hardie’s RAB® Board is a 6mm thick pre-sealed fibre cement sheet suitable for use as a rigid air barrier.

For use behind cavities in medium to high-rise facade constructions RAB® Board provides effective weathertightness to the building during the construction stage until the final claddings are installed. RAB® Board complies with the requirements of E2/AS1.

Benefits: • Achieves structural bracing requirements for buildings within the scope of NZS 3604.

• Provides excellent temporary weather protection and early enclosure.

• Can be used in Fire Rated Systems to achieve up to a 60 minute fire rating.

• Suitable for use in buildings located in an extra high wind zone.

20

FREE OFFICIAL ITM500 T-Shirt

When you spend over $150 or more on any of these products* *Limit of one per account Strictly while stocks last

SPORTS & EVENTS

The ITM Fishing Competition: Whitianga 2014 It was an action packed weekend for anglers. The waters were teeming with game fish, and the local club enjoyed record catches.

There were also plenty of snapper, kingfish, kahawai, and tuna landed but most importantly, the elusive marlin was finally caught! The tournament emphasis is on taking photos, measuring the length and releasing, rather than using weight to work out the best fish. An initiative of Matt Watson, it proved an excellent format for an exciting competition with the $50,000 worth of prizes getting shared around the teams.

Congratulations to the ITM Fishing Show!

Winner of Best Sports Show and New Zealand’s Favourite Show.

21

PRODUCT knowledge

FIX IT WITH QUICK PATCH Do you have cracked or chipped concrete in need of repairs?

Cemix Quick Patch is the cost effective solution for all your repair needs.

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HOW TO USE QUICKPATCH

3. Brush a thin coat of undiluted Multibond on the crack surface.

4. Apply Quick Patch firmly into the crack while the Multibond is wet – tacky.

7. Brush/trowel Concrete Resurfacer on to the damp surface. Apply two coats to the surface. www.cemix.co.nz | 0800 ask CEMIX

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MAKE A TIME TO See A SPECIALIST NORTHLAND Bay of Islands ITM Haruru, Pahia 09 402 7703 Dargaville ITM 09 439 8730 Far North ITM Mangonui 09 406 0048 Matakana ITM 09 422 7525 Waipu ITM 09 432 0203 Whangarei ITM 09 437 9420 AUCKLAND Albany ITM 09 415 6889 Dayle ITM Avondale 09 828 9791 Dysart ITM Glen Innes 09 521 3609 Hillside ITM Glenfield 09 443 8101 MacClures ITM Henderson 09 836 0088 Mahia ITM Takanini 09 267 0234 Smith Timber ITM East Tamaki 09 274 4942 Thomsons ITM Drury 09 294 9410 Tuakau ITM 09 236 8226 Waiuku ITM 09 235 7289 Weck's ITM Patumahoe 09 236 3684 Western ITM Kumeu 09 412 8148 Western ITM Swanson 09 832 0209 Western ITM Whenuapai 09 416 8164 WAIKATO/BAY OF PLENTY Acorn ITM Riverlea 07 856 6789 Cambridge ITM 07 827 0953 KKBS ITM Katikati 07 549 0689 Matamata Post and Rails ITM 07 888 8189 Opotiki ITM 07 315 5984 Oregon ITM Mt Maunganui 07 928 4942 Oregon ITM Te Puna 07 552 5770 Otorohanga ITM 07 873 8079 Rotoma ITM Rotorua 07 347 7023 Taupo ITM 07 378 9899 Tauranga ITM 07 541 1232 Thomsons ITM Hamilton Avalon 07 849 3674

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Northpac ITM Newlands 04 478 5489 Parapine ITM Upper Hutt 04 527 6800 Tawa ITM 04 232 5999 Tumu ITM Masterton 06 370 6060 NELSON/MALBOROUGH Blenheim ITM 03 578 3049 Havelock ITM 03 574 1018 Kaikoura ITM 03 319 5447 Motueka ITM 03 528 7254 Nelson ITM 03 548 5487 Picton ITM 03 573 6888 Takaka ITM 03 525 8222 CANTERBURY/WEST COAST Basher's ITM Amberley 03 314 8311 Darfield ITM 03 318 7474 Dyers Road ITM Bromley 03 373 6049 Geraldine ITM 03 693 9397 Greymouth ITM 03 768 0441 Hamptons ITM Waltham 03 374 3333 Helmack ITM Ashburton 03 307 0412 Hillside ITM Hornby 03 349 9739 Kaiapoi ITM 03 327 8829 Leeston ITM 03 324 3300 McMullan Timber ITM Hokitika 03 755 8519 Rangiora ITM 03 313 4862 Timaru ITM 03 688 8074 DUNEDIN/OTAGO/SOUTHLAND E H Ball ITM Invercargill 03 218 3787 Fraser Hardware ITM Balclutha 03 418 0170 Mosgiel ITM 03 489 8885 Southbuild ITM Winton 03 236 6055 Southern Lakes ITM Cromwell 03 445 0081

For your nearest ITM Store phone 0800 for itm

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PRODUCTS ON PROMOTION: All prices exclude GST. Prices are valid from 1st April to 11th May 2014, unless specified otherwise. Some products may not be available in all ITM stores, but can be ordered in for customers. FREE OFFICIAL ITM 500 T-SHIRT CONDITIONS: Applies to purchases made between 1st April to 11th May 2014, or while stocks last. Please note that the $150 (excl GST) qualifier for the FREE OFFICIAL ITM 500 T-SHIRT applies to each supplier’s product featured and cannot be made up of smaller amounts spent on individual supplier’s products e.g.

Customers will qualify for a giveaway if they purchase $150 of Hitachi products, NOT if they purchase $100 of Hitachi and $50 on Makita products. Purchases must be made on one invoice/account. Offer is limited to one per customer. All prices exclude GST. 23