Cashflow Crunch…

Construction sector drives eInvoicing uptake across New Zealand New Zealand’s construction industry continues to set the pace in adopting eInvoicing, with recent figures highlighting strong uptake across the sector. Businesses registered to receive eInvoices in construction have surged by 854% since 2023, reaching 9157 in 2026. The sector now represents 17% of all businesses registeredContinue reading "Cashflow Crunch…"

Menzies warns of cash flow crisis

Accountants Menzies have surveyed the building sector, with Censuswide, and found 93% facing late payments, with invoices now 53 days overdue on average.

Collapsed contractor landed new contracts during ‘controlled wind-down’

Jerram Falkus Construction was awarded three new contracts during a managed wind-down of the business, administrators have revealed. The Shoreditch-headquartered main contractor, which was founded in 1884, was in the process of being wound down when a cashflow crisis forced it into insolvency, a newly… The post Collapsed contractor landed new contracts during ‘controlled wind-down’ appeared first on Construction News.

Cashflow milestone for Kier

Half-year results for Kier show an average net cash position for the first time in 13 years.

Why the AI boom is different than the dot-com bubble

Real companies with deep pockets are spending hundreds of billions of dollars, creating cash flow for contractors, especially those in the electrical space, write two consultants.

CIPS - Contract Development & Mobilisation 02122020

In this CIPS podcast, Roger Holloway talks about the tendering and contract development of a new build construction project

CIPS - Improving Contract Management Skills: Applying Contract Leadership

In this CIPS video, guest Colin Linton highlights from his research the (top 10) keys skills required by highly effective Contract Managers. He also queries if organisations' existing tried and tested tools within their toolkit work

CN - Industry is reeling as HMRC abandons 'soft touch' approach, 07122022

Despite the GB Construction Output rising in September 2022, the construction sector experienced the highest number of insolvencies in the 12 months ending Q3 2022, accounting for 21 per cent of 344 winding-up petitions issued by the HMRC

Construction Management - Payment problems and how to avoid them 21112022

How can construction businesses minimise the risk of getting it wrong when grappling with payment mechanisms ... an article from the CIOB's Construction Management magazine

Metroun - What Is Project Cash Flow In Construction, 11052022

Keeping track of cash flow on a construction project can be essential for a lot of companies. This video takes a look at what project cash flow is and the reasons why cash flow can become negative and consequently, a problem on a project

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