study group Flashcards

1
Q

determination

A

in construction can come up, if Council doesn’t issue CCC, then you can apply for a MBIE determination

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2
Q

RMA purpose

A

The Resource Management Act (RMA) in New Zealand serves the purpose of managing the country’s natural and physical resources in a sustainable manner. It provides a legal framework for the management and protection of the environment, land, water, air, and coastal areas. The RMA promotes sustainable development by balancing economic, social, cultural, and environmental considerations. It sets out principles and processes for resource consent applications, environmental planning, and decision-making, aiming to achieve the optimal use and protection of New Zealand’s resources while safeguarding environmental values, ensuring public participation, and facilitating integrated decision-making at both local and national levels.

The purpose of the Resource Management Act (RMA) in New Zealand is to promote sustainable management and protection of the country’s natural and physical resources. It establishes a framework for decision-making, planning, and resource consent processes to achieve a balance between environmental, social, cultural, and economic considerations.

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3
Q

What is NZ building code

A

The New Zealand Building Code is a set of regulations and standards that govern the design, construction, and durability of buildings in New Zealand. It covers A to H, such as structural integrity, fire safety, accessibility, weathertightness, health and safety, energy efficiency, and environmental sustainability, ensuring safe and habitable buildings for occupants.

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4
Q

What is a loss leader

A

In architectural practice, a loss leader refers to a project or service that is intentionally offered at a low or negative profit margin to attract clients or generate future business opportunities. It is a marketing strategy where the initial project’s financial loss is offset by the potential for long-term client relationships, referrals, or additional profitable projects.

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5
Q

GMP

A

GMP stands for Guaranteed Maximum Price. In tendering, GMP refers to a pricing arrangement where a contractor guarantees that the final cost of a project will not exceed a specified maximum price.

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