article thumbnail

Subbie failures plunge Seddon to £15m loss

Construction Enquirer

The construction arm of the Seddon Group, which only returned to profit of £2m last year after a prior year loss, was also hit by market inflation, project delays and fire safety remediation costs. Failure of several key subcontractors on major projects saw Seddon Construction suffer a £15m loss last year.

article thumbnail

What’s Driving the Demand for Single-Family Rental Homes?

Pro Builder

While builders struggle with rising land and construction costs , the financial feasibility of delivering new supply in the starter-home category has become a legitimate challenge to profitability, compounding the issue. .

Florida 98
professionals

Sign Up for our Newsletter

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

article thumbnail

Looking to Go Global? Here’s How

PSMJ Resources

Often pre-feasibility and feasibility studies are available that assess the economic, financial, and technical viability of potential projects in the international arena. firms, and with planned and developed strategies, the risks can be very rewarding and profitable.' Stage Five: Acquire in-country business guidance.

article thumbnail

What Are Construction Cost Estimates | Types of Construction Cost Estimates | Purpose of Preparing a Cost Estimate

CivilJungle

The approximate estimate will help to check the feasibility of the project. Project owners use cost estimates to determine a project’s scope and feasibility and to allocate budgets. Project owners use cost estimates to determine a project’s scope and feasibility and to allocate budgets. Construction Estimating.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Jim is a senior consultant with FMI and specializes in building profits by developing tailored operations strategies for his clients. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies. Dexter + Chaney. document management.

article thumbnail

Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The program is designed for non-profit and for-profit businesses seeking funds for most business purposes. may be feasible for financing smaller projects, particularly within the $1,000,000 to $5 million cost range. The maximum benefits are $15,000 for consulting services and $30,000 for feasibility studies. Save energy

Oregon 40
article thumbnail

Understanding the Performance and Monitoring Phase of Construction

Levelset

The designer will then help the project owner flesh out their ideas, determine a preliminary budget and timeline, and even assist the project owner in determining whether or not the project is feasible. This aspect of the phase alone can prevent a project from going totally off the rails while taking the profit margin with it.

Lien 52