News

Construction hit by global fraud

Almost one-third of organisations have experienced fraud during the procurement process, according to a survey from management consultants PwC.

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Tender delays hit cash flows

Inefficient tendering is causing delays to £22,000 million of public sector projects in the UK, ‘starving’ suppliers of vital cash flow, according to a survey by a public sector spending analysts Spend Network.

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News in brief: April 2014

Government could improve the management of procuring large projects by adopting an engineering approach to procurement, the Royal Academy of Engineering (RAE) says in a report.

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New planning court launched

Government has announced the setting up of a specialist planning court that the industry hopes will lead to a streamlined planning process and an end to delays to projects caused by meritless judicial review claims.

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Procurement reform plans published

The government has published draft guidance to encourage public sector clients to adopt new models of public sector construction procurement that are said to promote lower costs, reduce risk, encourage innovation and improve supply chain relationships.

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Adjudication injunction granted

The TCC has granted a rare injunction to prevent adjudication in a decision that is being seen as a warning about contracting based on letters of intent.

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News in brief: March 2014

A Hampshire contractor specialising in decommissioning fuel tanks pleaded guilty to health and safety charges after a worker was badly burned while cutting up a disused tank with a disc cutter.

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Contract management slammed

Significant weaknesses in the way that major contracts are managed by the public sector were revealed in a Cross Government Review of Major Contracts worth a total of £5.9 billion by the Cabinet Office.

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New procurement rules

New European Union public procurement rules will make it easier for small and medium sized firms to bid for work on large public sector projects and frameworks.

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Supplier finance scheme extended

Supplier finance schemes that allow suppliers to get around often lengthy payment delays are being offered to medium sized contractors for the first time by invoice financing specialist Nucleus Commercial Finance.

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