The Construction Playbook

The construction industry contributes between £90-£110b to the UK economy each year, approximately 7% of the countries GDP. Harnessing this level of spend, controlling it and turning its focus towards being more efficient, greener, sustainable, and more productive is nothing new as this aspiration has been around for a long time. However, as the UK… Continue reading The Construction Playbook

Insurance Profiles

Recently, the Supreme Court has found in favour of small firms to receive payments from their insurers regarding claims for the effect of COVID-19, specifically business interruption insurance after contesting entitlement for some time. Notwithstanding this, Lloyds of London estimated that as a global industry the impact of COVID-19 on insurance companies is expected to… Continue reading Insurance Profiles

In what circumstance is Construction Management not suitable for a developer?

Construction Management is a distinctive procurement route in that the developer (also known as the client) places, and then manages, individual subcontracts with separate specialist subcontractors as opposed to employing a principal contractor to undertake this work on their behalf. Although I’ve endorsed Construction Management in previous articles as a lean route for SME developers,… Continue reading In what circumstance is Construction Management not suitable for a developer?

Step in Rights

A funder of a development will usually have a right to achieve a benefit in return. This could be that a particular type of product, material or layout is installed, therefore in typical circumstances collateral warranties would be requested by the funder which effectively act as a duty of care to the third party. They… Continue reading Step in Rights

Give me the numbers!

Can developers make big savings on construction management? In previous articles, we talked at length about what Construction Management is, how it differs from the traditional ‘main contractor’ procurement route, and what the benefits are of this fresh approach. In this article, let’s delve into the numbers and explain the exact financial implications. Construction costs… Continue reading Give me the numbers!