This different perspective is exciting.
But consistency of demand will come with other forms of progress, like widespread adoption of construction Platforms.We will come back to this as well..
When achieved, this will benefit construction in a range of ways.. Firstly: it would provide greater market transparency and diversify the supply chain, meaning that companies of all sizes could engage with large-scale programmes, in the private and public sectors.. Secondly: late payment (particularly between contractors and their supply chains) has been a well-recognised problem in construction for a few decades.It means smaller suppliers, to whom cashflow is critical, operate in a state of uncertainty and ‘financial distress’.Late payment is, unsurprisingly, one of the key triggers of insolvency..
Even way back in 2013, the Government’s ‘Construction 2025’ vision proposed that construction should no longer be characterised by ‘late delivery, cost overruns, commercial friction, late payment’.While this has been partly addressed through legislation such as the Small Business, Enterprise and Employment Act 2015 and the Prompt Payment Code, it is still a problem.. A digital marketplace would help make payments more timely – in some cases even instant.
It would also make the construction procurement process more transparent and give suppliers greater certainty of cash flow.. Thirdly: procurement is another significant cause of ‘friction’ in projects, as noted in Construction 2025.
The process of arranging and issuing tender documentation and requests for proposals, scoring them and awarding contracts, is very time-consuming and labour-intensive.The quantum of the reduction from the decarbonisation of materials would be highly dependent on where they are produced and the characteristics of the grid in those countries..
The 60-year projection charts clearly show that the new construction option would have a much higher impact on the first year of use, due to the embodied carbon of construction using new materials.Even though the new construction option benefits from a better operational carbon from day one, the decarbonisation of the grid ‘flattens’ the operational carbon emissions in the.
retrofit options, dampening the difference with a new build..It is worth highlighting that the climate emergency is happening today, and so it is now that we need to reduce carbon emissions that produce global warming.
(Editor: Heavyweight Mixers)