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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. ”

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Types of Capital for Construction Businesses

Levelset

Construction companies need capital to get off the ground, stay in business, and keep growing. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Construction companies need a solid understanding of capital to run a successful business. .

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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. There is no underwriting justification for lenders charging the same interest rates on mortgages secured by green buildings. Today there is a nascent (.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home. Discussed below are the things you should know before taking out a construction loan. How construction loans work.

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Construction Law: May 2024

Construction Law

Guest Editor Barry Hembling of Watson Farley & Williams LLP asks whether the updates are keeping pace with fast moving developments in construction law? Legislation state of play table Our regular update on the progress of regulations and legislation affecting construction and procurement compiled by Alignment Media.

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Declare Your Independence From Subpar Construction Software

Viewpoint Construction Technology

This Fourth of July, as America celebrates a young 242 years as a free nation, you might be tempted to think of other things you’d like to break free from — debt, social drama, jury duty or perhaps work-related stress. It’s also common for construction businesses to adopt software piecemeal or at the department level.

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Thames Water presses ahead with £300m framework race

Construction Enquirer

Despite growing concern about Thames Water’s high debt levels, the water company is pressing ahead with the race to find consultants to head up its strategic water resources options plan. The plans to encourage the construction of a water network is part of regulator Ofwat’s drive to secure water supplies.

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