It’s common for building companies to engage labour-only contractors instead of taking on employees. This approach has many advantages, such as cost efficiency and flexibility, admin and tax simplicity and reduced employment-related legal obligations. For individuals...
Contract works insurance, also known as contractors all risk or builders risk insurance, is designed to protect the construction project from physical loss or damage. This typically includes the work in progress and materials on-site. However, one area of concern...
Customers refusing to pay or cancelling jobs at the last minute has been identified as the most serious business survival risk according to a survey of builders carried out by construction risk specialist Builtin. The survey, conducted at the end of July, asked over...
