Browsing: fixed price contracts News
Cosmur Construction has gone into liquidation, marking a significant setback for the construction industry.The company faced dire cashflow challenges when a major client withheld payment, leading…
Industry experts highlight the detrimental impact of lengthy legal battles on the construction sector.Prolonged lawsuits are significantly diminishing the contractual value within the industry.Conflict Avoidance Coalition…
Clegg Holdings encountered significant financial challenges in 2023 due to historical fixed-price contracts that impacted their profitability.The company’s pre-tax profit dropped by 61%, declining from £1.4…
The UK scaffolding sector has seen a significant recovery, as evident in the latest CN Specialists Index 2022, marking a notable increase in revenue and profit.Scaffolding…
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