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West Bank – Construction Costs Increase

Job Order Contracting

West BankConstruction Costs Increase. Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* during September, 09/2021. Increase in the Construction Cost Index (CCI) for Residential Buildings. with an increase of 0.97%.

Banking 176
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Avoiding Bank Failures & Managing Cash

Construction Business Owner

Avoiding Bank Failures & Managing Cash ccapoccia Fri, 06/23/2023 - 12:25 The recent wave of bank failures has put a new focus on the security and stability of financial institutions.

Banking 156
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Bank failures cause uncertainty for contractors

Construction Dive

The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.

Banking 134
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Why Banks Won't Lend Money To Your Construction Business

Contractor Bookkeeping

Small construction business owners must be adequately prepared to meet with a lender to present their business in the best possible light and ready for the money they need. Getting approved for a business loan or line of credit is more complicated than qualifying for a personal loan.

Banking 107
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Government vetoes project bank account proposal

Construction Enquirer

The Government has blocked an attempt to amend the planned Procurement Bill to include mandatory project bank accounts for all jobs valued at over £2m. “Government Departments have made a commitment to use PBAs in construction projects unless there are compelling reasons not to do so. ”

Banking 115
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How to Find a Bank that Values Your Relationship & Not Just Your Money

Construction Business Owner

With the rise of large, global banks and internet banking, the relationship between a company and its bank has lost its luster. Gone are the days where a banker was a trusted advisor and an integral part of a company’s team. Now, the bigger the institution, the less ability it has to form a real relationship with its customer.

Banking 232
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Banking woes hit construction planning outlook

Construction Dive

The Dodge Momentum Index, which leads actual construction by a year, tumbled 8.6% in March amid lending concerns.

Banking 131