Whether you’re building new or doing an alteration, extension or renovation, your contract will require contract works insurance be arranged to cover the work. The policy provides cover for sudden and accidental loss or damage to the works specified in the contract,...
“It takes on average 18 months to receive settlement of an unsecured debt in the construction industry.” “At the end of the liquidation process almost half of all trade creditors will receive nothing.” These statistics, from a New Zealand-based study conducted in...
