Transparency is vital in order to maintain positive business relations and to ensure important payments are made without delay writes Matthew Jones. For this reason, it is crucial to have a robust but intuitive payment management system which keeps contractor and subcontractor finances above board ... http://talk.build/blogs/15/335/improved-visibility-ensures-better-financial-management
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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