The use and importance of construction trade credits increased during the prolonged financial crisis, where profits and new business opportunities have resulted in poorer cash flow for many.
Hannah Sewell-Moore, Surety Manager, Kerry London provides insight into how surety bonds can provide additional financial protection for construction projects of all sizes. Bonds guarantee project completion if the contractor cannot finish it, making them extremely valuable to project owners/employers. There’s no doubt that construction bonds are an invaluable asset to any construction project, particularly […]
Neon Mavromatis, Managing Director of Construction, reflects on issues that have affected the construction industry this year.
Now more than ever, the need for financial stability and security is paramount and the demand for bonds has increased.
As the Building Safety Act’s comprehensive new residential building safety laws came into force on 1 October 2023, here’s a quick recap of what it means for the construction sector.
