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Value of subcontracts awarded on HS2 hits £7.9bn

Construction Enquirer

HS2 has revealed that tier two subcontracts totalling £7.9bn have been awarded to over 2,000 UK-based companies since the project started. Ruth Todd, Chief Commercial Officer at HS2 Ltd, said: “We’re working with specialist businesses and suppliers from across the UK to deliver Britain’s new high speed, low carbon railway.

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How to Make Changes & Still Make Money

Construction Business Owner

It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1. Fri, 03/26/2021 - 11:30.

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#127:  Subcontract "Flow Down" of Prime Contract Terms

NH Construction Law

Commercial construction subcontracts frequently incorporate by reference provisions of the prime contract between the owner and the general contractor, often with language requiring the subcontractor to assume toward the general contractor all duties owed by the general contractor to the owner. Turner Construction Co. , 560 F.Supp.

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NY Appellate Court Reaffirms Pay-When-Paid Provisions Are Void as Against Public Policy

Constructlaw

(Sweet) to renovate a commercial space in Manhattan’s Diamond District (the Project). Arenson subsequently entered into a subcontract with Sweet to complete the Work (the Subcontract). The Subcontract contained two signature lines, one for “Sweet Construction Approval” and one for “Arenson Office Furnishings Approval.”

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National Association of Home Builders

Pro Builder

-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing, and other aspects of residential and light commercial construction. For more, visit nahb.org.

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Secrets to a Successful Commercial Construction Subcontractor Relationship

HardHatChat

The same can be said of the relationship between commercial general contractor and subcontractor. We GCs may think we’re the star, but we all know the most successful commercial construction project s require great subcontractors.

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HS2 to hold bidders day for subcontractors

Construction Enquirer

HS2 is planning a meet the main contractor bidders day ahead of the next tranche of subcontract work tenders to progress civil engineering works and station fit-outs. Civils & Stations work streams Urban realm (incl. earthworks, minor civils, roads, landscaping, trees) Station fit-out (incl.