Record contract for British Steel as UK government backs £746M Nigerian ports package

The UK Government has provided a £746M guarantee to support the refurbishment of two of Nigeria’s busiest ports in a deal that underlines renewed trade and infrastructure cooperation between London and Abuja and routes hundreds of millions of pounds of work to UK suppliers. The post Record contract for British Steel as UK government backs £746M Nigerian ports package appeared first on New Civil Engineer.

Britishvolt liquidators rule out pursuing director for cash

The liquidator for former vehicle-battery company Britishvolt, which collapsed owing money to a major engineering firm, have decided not to pursue a director over a personal cash guarantee he made to the firm. In its latest report, RSM said it had decided not to chase… The post Britishvolt liquidators rule out pursuing director for cash appeared first on Construction News.

SSEN secures £1bn bank facility for transmission projects with help from National Wealth Fund

SSEN Transmission has secured a £1bn bank facility back by an £800M financial guarantee from the UK government’s National Wealth Fund (NWF) to help support four major transmission projects in the north of Scotland. The post SSEN secures £1bn bank facility for transmission projects with help from National Wealth Fund appeared first on New Civil Engineer.

Cutting edge security solutions for peace-of-mind

Revolutionising security hardware for the 21st century is a commitment that AMS Australia is 100% dedicated to delivering. “Our mission is to design and engineer state-of-the-art solutions that guarantee unparalleled safety and peace of mind. Specialising in lock monitoring hardware and high-security door solutions, we offer a unique range of products with an international reputationContinue reading "Cutting edge security solutions for peace-of-mind"

Crisis-Proofing Your Supply Chain: Procurement’s Role in Business Continuity and Resilience

The post Crisis-Proofing Your Supply Chain: Procurement’s Role in Business Continuity and Resilience appeared first on UK Construction Blog. Geopolitical stand-offs, factory fires, and sudden port closures have pushed supply-chain continuity from a back-office concern to a board-level priority. Executives now ask procurement teams to guarantee revenue flow under conditions that shift by the hour. A detail as mundane as a requisition number can become pivotal when an urgent order needs traceability across multiple […]

Metroun - Construction Bonds Explained, 09112022

In this video Metroun explore construction bonds, the different types of bonds available, and the purpose they serve throughout a construction project

Fenwick Elliott - Project Security Bonds & Guarantees (Paper for University of Vienna), Feb 2012

This paper considers some of the basic principles relating to bonds in the construction industry. By its nature, therefore, this paper briefly compares formal security to informal security such as bonds and guarantees before then examining unconditional on-demand bonds and conditional bonds