Tag Archives: IT
Fears of contractor ‘instability’ mount amid gateway three delays
Delays to gateway three approvals for higher-risk buildings (HRBs) may trigger financial “instability” among contractors, according to industry analysts.
Their warnings came as a Freedom of Information (FOI) request showed 44 schemes are still awaiting a gateway three decision more than three months after those applications were submitted to the Building Safety Regulator.
The statutory timeframe for a gateway three decision is eight weeks.
Geoff Wilkinson, managing director of Wilkinson Construction Consultants, told Construction News: “For a lot of these projects, the profit margin is low.
“It doesn’t take a lot of delay and additional bridging costs before you’ve wiped out any profitability.
“That will undoubtedly lead to further instability for contractors.”
He added: “I would be shocked if we didn’t see further contractor failures, particularly subcontractors.”
Wilkinson’s comments echoed previous concerns expressed by Rudi Klein, a barrister and former chief...
Loud decorations, open doors: Disappearing Chinese New Year traditions in Singapore, Lifestyle News
Lifestyle
With Chinese New Year approaching, conversations about whether it feels "less festive" or whether it still "feels like Chinese New Year" tend to resurface.
While we take part in the festive celebrations in Singapore, some traditions that once felt common are gradually evolving — or even quietly fading — amid growing awareness of sustainability, technological developments and shifting generational ideologies.
From childhood non-negotiables such as buying brand new clothes to traditional customs such as leaving doors open at certain auspicious hours, here are some disappearing Chinese New Year traditions in Singapore.Lifestyle 1. Gifting new notesDuring Chinese New Year, brand-new notes are often gifted in red packets to symbolise fresh beginnings for the new year.
In recent years, however, banks have started to promote the use of "fit notes"which are clean but used notes, for sustainability. While brand-new...
