If you have completed a project or you’re seeking to reach an interim agreement, then you’ll be looking to agree a final account. However, there may be some contentious claims that you’re working through, add to that you have an eye on the next development and you don’t want to fall out with your approved… Continue reading Contract Settlements
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Property e-procurement start-up raises investment from Northern angel investors
C-Link, a property procurement start-up founded in 2015 by Paul Heming and Chris Barber, has successfully raised a six figure investment from private investors through investment non-profit, NorthInvest. The C-Link platform simplifies the initial procurement process for SME construction companies and developers by connecting them with the best and most appropriate subcontractors for their developments.… Continue reading Property e-procurement start-up raises investment from Northern angel investors
How do I Structure Construction Management?
Construction Management is a unique procurement route. Using this method, a property developer directly employs multiple subcontractors instead of a single main contractor. The single feature that makes Construction Management distinctive is that it’s the developer who places individual subcontracts with separate specialist subcontractors themselves. Construction Management has been around for some time, but in… Continue reading How do I Structure Construction Management?
Disputed Contract Terms
Time and cost are significant driving forces in construction. Situations often arise whereby these pressures dictate that clients or contractors issue contracts and start works before they are formally executed. Alternatively, they issue letters of intent, but due to ongoing issues or changing timelines, the terms relied upon come into question. Where do you stand… Continue reading Disputed Contract Terms
An Advanced Payment Bond in construction
When working with long term and repeat suppliers, it’s not uncommon for them to approach you when their cash flow is under pressure and request advance payment. Similarly, you may be leaning on them to deliver a project that is typically beyond their financial limit and this has placed their banking facilities under pressure. How… Continue reading An Advanced Payment Bond in construction
Net zero: should you care?
The Government’s commitments to cutting carbon emissions will start to impact on new housing soon Back in October 2019, the Government launched a consultation into its Future Homes Standard, aimed to make new-build homes highly energy efficient, with low carbon heating from 2025. The standard is part of the plan to meet the UK’s carbon… Continue reading Net zero: should you care?
Novation Agreements
In terms of when is novation applicable, there are various scenarios where it could be an option, such as a change in the developer who is keen to progress the works at pace and keep the project on programme and budget. Therefore, the new developer could novate the existing designer and carry on under the… Continue reading Novation Agreements
Main Contractor Roles and Responsibilities for Developers
Table of Contents Main Contractor Role Introduction for Developers Main Contractor Roles and Responsibilities Principal Contractor Responsibilities Under CDM 2015 Importance of a Main Contractor Duties Checklist Competence and Resources Construction Phase Plan Planning and Managing the Construction Process Welfare Facilities and Site Rules Collaboration and Communication Monitoring and Compliance Pre-Construction Phase and Information Legal… Continue reading Main Contractor Roles and Responsibilities for Developers
Offsite Structural Options: The Case for Timber
This is the last in a trilogy of articles focusing on the three main offsite structural options, concluding with timber. I feel like this introduction needs to start with a conclusion to my findings. The essence of all three articles has shown me three things: Design no longer needs to be stifled. Thanks to digitisation,… Continue reading Offsite Structural Options: The Case for Timber
Securities for Developers
Before engaging a contractor to undertake your development, apart from relying on the standard obligations placed down in your chosen form of contract, you might be seeking additional surety in the form of a bond or parent company guarantee. Understanding the difference between each is key to ensuring that your requirements are realistically attainable through… Continue reading Securities for Developers