Tag: shortfalls
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How do you solve cashflow shortfalls mid-project?
Insolvency expert Jonathan Munnery addresses one of construction’s most persistent challenges. Image: Dreamstime Few industries have such a turbulent relationship with cashflow as construction. In fact, cashflow, or the lack of it, is one of the biggest causes of construction business failure. Most firms are profitable and have sufficient demand, but it’s managing their ongoing…
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Hinkley JV issued enforcement notice after ‘fire safety shortfalls’
The Office for Nuclear Regulation (ONR) has served a fire enforcement notice after identifying “significant fire safety shortfalls” at the Hinkley Point C nuclear construction site. The notice was served on Bylor – a joint venture of Laing O’Rourke and Bouygues Travaux Publics – which is delivering Hinkley Point C’s main civil engineering works. According…