Check out our latest blog posts, which provide commentary and opinions on issues and trends in the construction and contracting industry.
The construction industry has been boosted by a £22m government fund aimed at tackling the current skills shortage, reports the CITB. Launched by Anne Milton, the Minister for Apprenticeships and Skills, the Construction Skills Fund will increase training on construction sites, encouraging more people to join the industry. The site-based training will enable participants to […]
Increased output is reported in construction markets across the UK, contradicting general Brexit fears, and the more traditional method of single-stage tendering is increasing in popularity, which highlights the need for estimating software. According to Turner & Townsend’s UK Market Intelligence Q1 2018 report, several ‘regional hotspots’ have seen an increase in construction output despite […]
The latest Economic and Construction Market Review from construction intelligence service Barbour ABI indicates a promising increase in the number of contracts awarded in January 2018. The value of new contracts awarded in the first month of the year reached £5.4bn (based on a three-month rolling average), 11.6% higher than December 2017, again showing promising […]
Late payments are having a crippling effect on small- to medium-size construction businesses crucial to the sector’s future. According to the National Federation of Builders (NFB), public sector clients, even including central government, simply do not pay on time. This leaves regional contractors and SMEs, often subcontracted via larger construction companies, facing retention payments of […]
Key statistics released by the Construction Products Association (CPA) suggest that, despite reducing forecasts for construction growth, large government infrastructure projects may help the industry bounce back. Infrastructure projects are anticipated to be a major driver of construction activity in the next few years, with large-scale projects such as HS2 and the £4.2bn Thames Tideway […]
April saw the highest UK construction output of the year so far, thanks to civil engineering and residential projects. The figures, according to the Markit/CIPS UK Construction Purchasing Managers’ Index, reveal a solid start to Q2, with a sharp rise in civils activity (the best performing sub-category in April) and the highest level of residential […]
Five key steps that can ensure variations don’t drain the profitability out of a project. Variations are an inevitable aspect of construction projects. Very few projects are completed without any changes being requested or enforced. Unfortunately, the sheer diversity of variations can make it difficult to predict in advance which issues (if any) might arise during […]
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