Economic forecast: public spending cuts continue to case a shadow over any chance of a significant recovery in construction output

Article Abstract:

There are concerns that the recent buoyant trend in new house sales has led to many builders being over optimistic about the likely market conditions in 1995/96. Sales may be affected by the fall in consumer confidence, especially if interest rates are raised. Non-residential building output is determined by the surge in orders between 1993 and 1994, and a positive trend in order intake. Shopbuilding rose between 1994 and 1994 and orders for new factory work rose in 1994. Orders for infrastructure fell 60% mostly due to the placement of the Jubiliee Line Extension contract.

Forecasts and trends

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Mission impossible. (avoiding liability when construction works are impossible to complete)

Article Abstract:

A contractor is obliged to complete building works whatever problems arise and is liable to pay damages if he cannot complete. However, many standard contracts contain a safety net which requires work to be completed in accordance with the contract except if it is legally or physically impossible. Works could be legally impossible if they are a danger to site workers, or if they expose a contractor to possible criminal prosecution.

Contracts

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Construction life stories

Article Abstract:

Issues surrounding the use of life-cycle assessment and whole-life costing in the construction sector are discussed. Three case histories are provided to show how the two processes can help make projects more sustainable.

Construction industry, Usage, Environmental aspects, Buildings, Environmental impact analysis, Environmental policy

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