Tag : SEC Group
Representatives of various key UK political parties have met this week to discuss how parliament can block the government from leaving the EU on October 31 without a withdrawal agreement.
SNIPEF, BESA and the SEC Group have joined with other construction bodies to urge government to defer the introduction of VAT reforms until 2020 over fears about further market uncertainty.
A new UK building safety regulator and the introduction of stronger sanctions on bad practice are among key proposals of a major new government consultation on construction.
“Earth shattering” amendments that will dramatically reshape building safety standards and how they are enforced should not be expected during the course of 2019, the chief executive of the Specialist Engineering Contractors (SEC) Group has said.
Despite continued uncertainty over how Brexit will impact trade, regulations and the construction supply should it go ahead as scheduled at the end of this month, the UK HVAC industry must undergo significant change to adapt to a changing global market place.
A second reading of a bill that would legally mandate the ringfencing of cash retentions is currently scheduled for March 8 with supporters claiming that the chairs of 15 influential select committees are among parliamentarians to have now expressed support.
The Specialist Engineering Contractors’ (SEC) Group has backed proposed legislation introduced to parliament this week that would require government and other public sector contracts to make use of project bank accounts.
The SEC Group has accused the government of failing to introduce meaningful changes to construction payment practices in response to multiple concerns identified around procurement and contracting following the collapse of Carillion.
Some of the UK’s largest construction companies have begun to publish figures on their recent payment performance as part of new commitments by industry body BuildUK to address industry and government concerns.
Network Rail’s pledge to reform prompt payment practices and abolish the use of retentions in its contracts has been hailed as a strong template for the wider construction industry and building services sector to follow.
A second reading in parliament of a bill intended to ringfence cash retentions within the construction supply chain will be further delayed until October, with trade bodies supporting the bill hoping to use the time to build wider consensus among MPs to push for reform.
Parliament will this week discuss a bill on opening up the Freedom of Information (FOI) Act to apply to all public service contractors and housing associations as a means to improve transparency around how functions such as fire safety commitments and regulations compliance are being met.
BESA has claimed that over 100 MPs have now expressed support for efforts to ring-fence cash retentions. The claims have been made as the organisation seeks to push regulatory reforms through parliament that would mandate the use of third party deposit schemes.
The Specialist Engineering Contractors’ (SEC) Group has said commitments by chancellor Phillip Hammond to issue a call for evidence over tackling the issue of late payments will be cautiously welcomed in the construction industry.
BESA has said that more than 60 construction and maintenance trade bodies have now lent their support to the Construction (Retention Deposit Schemes) Bill that was introduced to parliament in January as a means to reform payment within the construction supply chain.
Build UK is seeking to introduce a “zero retentions” policy throughout the construction supply chain within seven years as a key policy priority to improve trust in the industry and its practices.
919 employees working on government or key UK infrastructure jobs for collapsed construction giant Carillion will retain their jobs, the Official Receiver has announced. However, 377 employees on the same contracts will be made redundant as a result of the company entering liquidation last month.
Business secretary Greg Clark has welcomed commitments from several banks to support small businesses facing financial difficulties as a result of the collapse of Carillion earlier this week as specialist contractors seek to assess longer-term impacts on their operations.
The Specialist Engineering Contractors’ (SEC) Group has expressed concern over new research concluding that £700m in construction cash retentions has been lost over a three-year period due to insolvencie
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