Loss in the construction industry
In very general terms, the word loss refers to losing something or someone.
In economics, the word loss typically refers more specifically to an amount of money lost by a person or organisation. In the construction industry, this generally relates to losses incurred by one or more parties to the construction contract, such as loss and expense which refers to direct loss and/or expense as a result of the progress of the works being materially affected by relevant matters for which the client is responsible.
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
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New guidance published on competence requirements for self-certification schemes.
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NEETs crisis drives interest in trades, but apprenticeships barriers remain.
Passive fire protection webinar
MEP services penetration seals.
Where its at podcast (and video) - The role of the Architectural Technologist as an Expert Witness.
More than 200 remarkable buildings added to SAVE’s Buildings at Risk register.
Government scraps pre-application consultation for Nationally Significant Infrastructure Projects.
Historic England and infrastructure
New projects offer opportunities for the historic environment and local communities.
Construction Management, 2 July
Construction deaths halve in two years.
Green Book changes to drive investment in all parts of UK.