Tag : Carillion
A second reading in parliament of a bill that would mandate the use of accredited third-party deposit schemes to hold cash retentions has been postponed until June 15 after originally being scheduled for this week.
The Specialist Engineering Contractors (SEC) Group has welcomed calls from parliament’s Public Accounts Committee (PAC) for government to consult SMEs on how best to introduce project bank accounts and retentions reform in their contracts.
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.
A survey of 372 individuals working across the engineering services sector has found that over three quarters of respondents saw turnover increase or remain steady during the second quarter of 2018, even with increased labour and materials costs.
Two major outsourcing groups working across the UK construction sector have this week announced they are entering administration.
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.
BESA and the ECA hope to step up pressure on the government to overhaul cash retentions by calling for the introduction of mandatory third-party deposit schemes in a joint response to a recent consultation.
Uncertainty remains over the future financial stability of a significant number of SMEs and contractors in Carillion’s supply chain following yesterday’s announcement of the liquidation of the construction and services giant.
The September edition of H&V News looks at the wider industry response to a London-specific strategy intended to provide 30 to 40 per cent cashback to SMEs that switch to cleaner boilers. Might such a model benefit a wider national roll-out?
The Health and Safety Executive (HSE) expects to unveil a preferred candidate by July to oversee the new Gas Safe Register contract, with the first stage of its ongoing retender process expected to close on February 14.