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Rydon pays out £27m for Grenfell civil claim settlement

Construction Enquirer

The civil claim is separate to the public inquiry into the fire, which finished taking evidence in November 2022 and is expected to issue its final report later this year. In latest published accounts to September 2022, Rydon Group Holdings revealed a pre-tax profit of £6.1m level with last year from revenue slumped 35% to £91m.

Claims 131
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A Contractor’s Guide to Hiring an Accountant

Construction Business Owner

If you are a general contractor, the odds are you will require the services of an outside accountant from time to time. At first glance, it can be difficult to tell the difference between the certified public accountants (CPAs) out there. But do they all deliver the same value?

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#134:  30-Day Accountings for Subcontractor/Supplier Mechanic’s Liens

NH Construction Law

” The notices triggering this accounting requirement can be given to the owner before the first labor or materials get furnished ( RSA 447:5 and RSA 447:7 ) or after ( RSA 447:6 ) – but in either event, written monthly updates of the amount owed are required. Bostwick , 69 N.H. McGranahan v. Standard Construction Co. ,

Lien 40
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The moment of truth – making a claim

Construction Law

Our insurance expert John D Wright of JD Risk Associates looks at the process of making a claim under an insurance policy, which generate a lot of court attention. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. See the panel to the right.

Claims 40
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Tax spotlight turning on CIS materials claims by subbies

Construction Enquirer

HM Revenue & Customs is turning the spotlight on claims for rising materials costs under the industry’s CIS tax scheme. ” A common error is subcontractors claiming for the provision of plant or equipment they already own.

Claims 100
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5 Tips for Filing a Roof Replacement Insurance Claim

Construction Marketing

Filing a roof replacement insurance claim may be your only chance of taking care of the necessary repairs and renovations, especially after a huge storm, water damage, or other calamities and catastrophes. This having been said, here are 5 tips for filing a roof replacement insurance claim. Consider What the Policy Covers.

Insurance 120
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Communication Is Key: Actions to Get the Most from a Commercial Restoration Loss

Wolgast Corporation

To get the most from an insurance claim involving property restoration, it is best practice to openly communicate and collaborate with both your agent and restoration company. Define roles and responsibilities upfront to minimize misunderstandings and set up accountability throughout the process.