Private finance on the rack: the Private Finance Initiative has great theoretical potential for construction projects. But reaction for contractors and civil servants has been wary

Article Abstract:

There are concerns that the government's Private Finance Initiative (PFI) may fail, affectiing contractors and consultants. A Department of Environment survey of contractors' attitude to the PFI appears to indicate a negative attitude. No major PFI contracts have been let and government departments are being encouraged to consider the PFI option when planning capital projects.

Finance

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CDM regulations and insurance: designers and planning supervisors need to look to increase their insurance cover when CDM Regulations come into force on 31 March

Article Abstract:

Underwriters have not been keen to commit themselves to extending professional-indemnity policies before the publication of the CDM Regulations. There is also concern that the HSE's Approved Code of Practice may not be published until late March. Designers and planning supervisors will incur extra liabilities with the new regulations.

Laws, regulations and rules

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We build up a representation of our performance, which indicates areas we have to improve on

Article Abstract:

The Key Performance Indicator (KPI) provides a means of recording and assessing performance of the Constructing Excellence (CE). The results are compiled by CE into a graphic representation of the general performance across the industry reveals the performance over the year and indicates which areas have to be improved.

France, Product quality, Engineering Services, Engineering & Architectural Svcs, HEAVY CONSTRUCTION, EX. BUILDING, GENERAL BUILDING CONTRACTORS, Quality management, Architectural engineering

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