News & Views
Contractor insolvency is a big concern in the construction sector. Insolvency was at a relatively high rate when compared to other industries a few years ago. However, in recent times we have seen contractors feeling the knock-on effects of significantly large principal contractors and developers going into administration.
Read More...In these uncertain times, planning permissions continue to be put forward to the local authorities and due to increased government pressure to deliver new homes over the next couple of years, we could see a number of projects being fast tracked in an attempt to cover any losses or delays caused by COVID-19.
Read More...Following the outbreak of Covid-19 many new construction developments have been put on hold as developers look to not start a construction project in these uncertain times. However...
Read More...Since the outbreak of COVID-19, there has been an increasing amount of site delays due to safety concerns, access to materials or a reduction in workforce.
Public Law insurance protects developers, their lenders and sub-contractors against the consequences of challenges to public decisions. Most developments require the approval and support of government/local government
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