The Cast Consultancy have published a detailed analysis of its thoughts on the likely commercial and practical delivery implications on the construction sector arising from the current COVID-19 crisis.
The report, entitled ‘The Coronavirus Impact: A New Paradigm’, provides .....
a comprehensive industry overview and considers the likely impact the virus will have on current projects still to be completed on site. In addition it looks ahead at the considerations that will shape successful future projects being commissioned in what is likely to be a very different real estate market. They anticipate significant risk allocation and tender pricing volatility ahead, with both challenges and opportunities for developers, investors and contractors as well a renewed focus on innovation and Modern Methods of Construction (MMC) in order to increase delivery resiliency and certainty.