None of the agreements under MMP since 1996 have involved parallel negotiations as these very well could, if Labour and the Greens pick up an extra seat.
It has taken 12 days since the election to hold one meeting. Nobody has suggested that any deal should be concluded by the final vote but to have barely started is inexplicable.
Before knowing the election result, Peters set the deadline some months ago, October 12, which is also "writ day".
It is the day that the "writ" is returned to the Clerk of the House from the Electoral Commission with the names of the successful electorate candidates - the writ being the old-fashioned term given to the instruction from the Governor-General to the Electoral Commission to conduct an election.
But there is no obligation to have Government arrangements in place by writ day.
There are people who resent the fact that Peters and his party hold the balance of power.
There are people who think that he has been dragging his heels to hold the first meeting with political parties.
But there can been very few people, and certainly no reasonable ones, who would criticise him for not sealing a deal within five days of the result.