Tag: Delays
-
How Construction Companies Can Protect Cash Flow Amid Industry-Wide Payment Delays
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse – according to one recent report, 82% of contractors now face payment waits of over 30 days, up from 49% just two years ago. Slow payments…
-
Dump Truck Haulers Struggle With 60-Day Payment Delays — Here’s What’s Changing
Dump truck haulers across the U.S. are dealing with payment delays of up to 60 to 70 days, according to the National Dump Trucking Association (NDTA). These long accounts receivable (AR) cycles can strain cash flow, limit growth and make it harder for operators to take on new projects — especially as infrastructure investments ramp…
-
Hackitt: “Industry is making a big deal of Gateway 2 delays”
“What I fear most at this stage is that we will go backwards, and that would be a travesty because what I see in here is industry making a big deal of the delays that are currently taking place at Gateway 2. I recognise that, but I also recognise that they play their part in…
-
Self-builders could skip building regulation delays thanks to new scheme
New Government planning reforms could be a game‑changer for self‑builders struggling with delays in gaining building regulations approval. The Building Safety Regulator (BSR) has unveiled a fast‑track process to speed up approvals, backed by a 100‑strong recruitment drive. This shake‑up injects inspectors and engineers straight into the regulator, potentially getting self‑builders building sooner. You may…
-
Bathroom Renovation Delays: What Homeowners Should Know
Starting a bathroom makeover should feel exciting, but those dreams can quickly sour the moment your chosen contractor calls to say they’ll be a week late. No one enjoys sharing their home with tools, dust, and strangers longer than planned, yet unexpected hold-ups pop up on almost every job. Drawing from the stories of real…
-
Flooring Installation Delays: A Homeowners Guide to Managing Timeline
Nothing brightens up a house like fresh flooring, but the thrill of picking out new hardwood, sleek tile, or cozy carpet can fade fast when the actual work drags on for weeks longer than promised. Whether its squeaky subfloors, humidity headaches, or simply poor scheduling, extended flooring jobs test the patience of even the calmest…
-
$1.3B Harbor Bridge opens in Texas after series of delays
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The long-awaited, $1.3 billion Harbor Bridge opened Saturday in Corpus Christi, Texas, per a news release from the city. It replaces the aging original Harbor Bridge that had higher-than-average motorist accident rates, and represents the longest concrete…
-
Report slams historic mishandling of HS2 as more delays announced
A new report has criticised what transport secretary Heidi Alexander has called a “litany of failure” at HS2. The Stewart Review into the megaproject flags historic mishandling, lack of ministerial oversight and scrutiny, inadequate control of the project by HS2 Ltd and a lack of effective incentives with the supply chain that will result in taxpayers paying billions…
-
Inquiry launched into Building Safety Regulator delays
The House of Lords Industry and Regulators Committee has issued a call for evidence for its short inquiry into the Building Safety Regulator. The inquiry will focus on reports of delays to approvals by the regulator for new high-rise buildings and maintenance of existing buildings. Gateway 2 approvals, which should be taking 12 weeks for…
-
7 Smart Funding Strategies for Construction Supply Delays
The construction industry has suffered many blows in recent years, from rising material costs to supply chain disruptions. But you can weather the storms and navigate supply chain challenges with greater confidence by exploring diverse funding strategies. These are the 7 funding strategies for construction firms navigating supply chain disruptions. Understanding the Supply Chain Crisis…