article thumbnail

Gove leans on big investors behind Grenfell cladding firms

Construction Enquirer

He has urged them to use their “position of influence” to help gain a commitment to fund the post Grenfell residential block building safety programme. Major shareholders Blackrock, Vanguard and Fidelity Management, as well as central bank of Norway, have received letters.

Legal 96
article thumbnail

Construction Law: December 2023

Construction Law

Legal terms explained In our latest legal terms explained article Sienna Kim of Herbert Smith Freehills LLP looks at the often thorny issue of retentions. Building Safety Act Safe as (qualifying tenants’) houses?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Construction Safety. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners.

Banking 120
article thumbnail

Legal Fallout Spreads from Trainor Glass Default | ENR.

ENR Construction

Safety & Health. Banking & Credit Crisis. Legal Fallout Spreads from Trainor Glass Default. Safety and health. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus. Project Delivery. Ethics & Corruption. Economic Stimulus. Associations. Washington Observer. Economic Stimulus. Interviews.

Legal 39
article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The success of a commercial real estate development project depends on many factors, including the ability to secure financing, navigate the legal process, and manage risks. To Lease or Sell?

article thumbnail

Construction Law: Jan/Feb 2024

Construction Law

Legal terms explained David Nitek and Noe Minamikata of Herbert Smith Freehills LLP explain what is meant by ‘hot-tubbing’. Review of the year in Scotland Scottish construction law review 2023 Shona Frame and Karan Kamath of CMS review the highlights of construction law in Scotland during 2023.

article thumbnail

What Will Construction Look Like In The Future?

Construction Marketing

Another challenge that technology is set to change is the issue of safety. A recent report by Bank of America stated that the total global market for robots and artificial intelligence is set to reach 99 billion dollars by 2020 and, construction is going to be a major sector influenced by this technology. Using Robots For Efficiency.