FINE TENDERING.

Auckland Star, Volume LXII, Issue 57, 9 March 1931, Page 4

FINE TENDERING.

SIDELIGHTS ON BUILDING TRADE.

. As an example of the eagerness for building firms to obtain business in Wellin*J? n /°,, (says the "Evening Post"], f tcnders a city job, to cost £6000 at a moderate estimate, were recently received by the architects eon- , £4095, £5042, £5146, i-olbh, £„>o7 and-up to as high as £6300. J lie work above referred to would have cost quite £7500 to £8000 a couple of years ago. As it is, at £5000 it would give a locurn to the builder not favourably 1 ced in regard to materials and conditions ot about 2 per cput. The building trade in' Christchurch is r, artlCular attention from merc ants at the moment with a view to putting it on a firmer financial basis. fWf ? i n , April I- builders in Christchurch will be classified as follows: standino- F 3 '™ 1 ' 8 alKl tlloSe wbose crecht am 't n known to be undoubted: (b) for i Se account °r Part thereof mnino?! or materials supplied has reless til a n' 1 P fi l ' m ? re than three and f fi ? rio,ltll s without having h iri't I arrangements with ell account s; / e \ an . y builder whose account or part thereof for goods or for fi™ SU lT lled has remained unpaid marlf f J"r nt ] 1S 0r more without having his creditors. 0 arran 6««™te with

wf! l» •°i I r financ 'al posi'tion "in he required from builders in order tp *aieguard against making bad debts.