Construction giant Carillion’s plunge into liquidation has had an immediate impact, with the firm owing up to 30,000 businesses around £1bn in unpaid costs, as well as putting thousands of jobs at risk. What is clear from the collapse of such a seemingly untouchable giant such as ...
At the risk of stating the obvious, most construction projects are usually won or lost on price. It seems that we have reached a situation where cost will frequently succeed over the highest possible quality in a very competitive market place, but you can hardly blame contractors, architects or any other construction professional – it has been that way for years and it’s unlikely to change – or could it? Allegations and unfounded rumours linked to the dreadful Grenfell Tower tragedy have led to speculation that someone chose to save money by agreeing to install inferior cladding. Only a long and detailed investigation will prove if that is true or not but if I was a betting man then I strongly suspect that all the rules and regulations were properly met at the time – so where does it leave us. Right now wherever you go in the construction market this tragedy is the big elephant in the room and no one, understandably, wants to talk about it until more is known. But one thing is f...
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