The lottery victims

Article Abstract:

A number of projects which were supported by the UK National Lottery have failed to pay their contractors leaving them with large outstanding debts. Some of the projects have not been as popular with visitors as predicted and have had insufficient revenues to pay the contractors. Other projects were not completed after design work has already been carried out. The clients are not obliged to reserve some of their funds to pay contractors yet if the project fails they often have few assets. Some industry observers suggest money for contractors should be placed in a separate fund.

Analysis, Finance, Contractors, Lotteries, Bad debts, Lottery industry

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Land-for-performance deal at Millennium Village

Article Abstract:

English Partnerships will be in a position to monitor the performance of the Countryside Properties/Taylor Woodrow joint venture which is developing the Greenwich Millennium Village in London, England, before making available tranches of land on the 13 ha site. This provision is made under the terms of a development agreement between the two sides due to be signed shortly. English Partnerships believes that it will now be able to ensure that targets for sustainability and innovation are met.

United Kingdom, Management, Residential construction, Housing, Environmental aspects, Sustainable development, Greenwich, England, House construction

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Hands up if you want to be a builder

Article Abstract:

An initiative by the construction industry to recruit more young people from ethnic minorities in multi-cultural areas such as Birmingham is discussed. An event for Asian pupils to inform them about careers in construction is described.

Recruiting, Minorities, Construction workers, Vocational guidance, Skilled labor, Women construction workers

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