Construction Management: Single Point of Contact with No Single Point of Failure

  • Buckingham Group: with a turnover of £665m, Buckingham was the largest contractor to have collapsed since Carillion in 2018.
  • Henry Construction: despite trading £400m in the previous year, Henry’ s only permanently employed 48 people when it failed
  • Tolent: a £200m revenue company who collapsed due to major losses on a scheme in Durham and tightening credit conditions.
  • NMCN: a contractor with a turnover of £400 million, was forced into administration in October 2021.

Summary

  • Customer provided with a single point of contact
  • Construction Manager acts as an agent and coordinates activities and parties
  • Customer is in direct contract with Trade Contractors
  • Failure and insolvency risk is spread
  • No single point of failure
Avoiding single point of failure in construction projects with Construction Management

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