Construction & engineering

Christmas Construction Reassurance

It is the season of goodwill to all men, so before we all disappear into boxes of chocolates and seas of wrapping paper, here is some good news for directors of companies big and small which may help you to digest your turkey if you are nervous about a difficult contract. Sainsbury’s wanted a new car park for a store in South West London in order to expand operations and increase footfall. Mr Pashouras tendered with a clever new idea – a modular car park, built by his company Condek. This would apparently be quicker to build, cheaper, and open for business earlier. Sainsbury’s agreed, signed, and the car park was built.

Retention could soon be a thing of the past

Retention, the dirty word of the Construction industry, could soon be a thing of the past. In a bid to make the industry ‘fairer’ the government has launched its long-awaited Supply Chain Payment Charter. Heralded as the saviour of the Sub-Contractor, the Charter plans to abolish retention pots, freeing up otherwise cordoned-off monies for the benefit of the little guy.
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