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Thames Water presses ahead with £300m framework race

Construction Enquirer

Despite growing concern about Thames Water’s high debt levels, the water company is pressing ahead with the race to find consultants to head up its strategic water resources options plan. Interested firms must return PQQs by 28 July. Click here to obtain more details.

Debt 74
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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. Every service agreement customer represents a future work.

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Jacobs agrees to acquire CH2M

BD+C

Jacobs Engineering Group has entered into a definitive agreement to acquire the outstanding shares of CHM2 Hill Companies, an Englewood, Colo.-based based consulting and program management firm that is a leader in infrastructure, environmental, and government sectors. Dallas-based Jacobs will finance this deal, valued at $3.27

Debt 40
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Phases of Commercial Real Estate Development

Construction Marketing

This can be done through a purchase or lease agreement. The developer will also work with other professionals, such as landscape architects, interior designers, and environmental consultants, to ensure that the project is sustainable and complies with all environmental regulations and laws.

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#128:  Waivers of Subrogation

NH Construction Law

“The doctrine of subrogation presupposes the payment of a debt by a party secondarily liable therefore, who thereby acquires an equitable right to be reimbursed by the principal debtor and for the purpose of making this right effective is invested with all the rights which the creditor had against him (the principal debtor).”

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10 Contract Terms for Higher Profitability

PSMJ Resources

Receiving money up front, depositing it, and not crediting it to the client until the last invoice has been submitted allows you to avoid a bad debt, and earns maximum interest on the deposit. Shortening the cycle reduces borrowing, thus saving interest expense, and also indicates sooner whether there is a potential bad debt situation.

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The experts have spoken: We can and should be optimistic despite COVID-19

Lets Build

David Philp , Global BIM/IM Consultancy Director at Aecom and Head of B.I.M The panel discussion kicked off with a unanimous agreement that the Coronavirus outbreak has an unprecedented impact on the construction industry. at UK BIM Task Force. Mark Farmer , Founding Director and CEO at Cast and Government MMC Champion.