Embarking on a construction project can be both exciting and challenging. Amongst the hustle and bustle of planning and execution, it’s crucial to understand the ins and outs of your construction contracts. One critical aspect of these contracts is the inclusion of limitation clauses, which play a vital role in defining and restricting various aspects […]
Small contractors in the construction industry are vulnerable to insolvencies for several reasons in today’s landscape. Firstly, they often lack the financial reserves and bargaining power of larger firms, making them more prone to economic downturns and fluctuations in project demand. Moreover, small contractors may face challenges in navigating complex regulatory requirements and compliance standards,
I bet you’re so tempted to say, “I can probably get away without one for now” but let me tell you something. You are right! You probably will get away once or twice but the risk you take is a lot higher than you realise. Having a contract for carrying out construction services in place
Do I really need a contract for the type of construction works I do? Read More »
The construction industry is a crucial sector that drives economic growth globally. However, in a recent era of global turbulence and unprecedented challenges this industry has just proven to be largely effected by many factors. In UK the construction was the sector with the second-largest number of companies in significant financial distress during the second
What are the biggest challenges faced by the construction industry today? Read More »
