North Stand Construction Discussion

I have to admit I thought construction margins were higher. But when you consider the scale of the projects and the turnover involved, even 2% is serious money.

It’s not serious money. As an investor you’d be as well putting your money in a post office savings account - you’d earn more money and wouldn’t have to do any work….
 
I’ve read that margins on large arena projects are typically no more than 2–5%, so fixed-price contracts are very risky.
Fixed price contracts are not necessarily all risk but generally based on pre contract drawings and specifications and known ground conditions & any changes or additions are covered by variation orders produced by the architect and paid to the main contractor accordingly in the monthly valuations . But yes margins in construction/ civil engineering are always tight due to the competition to gain work
 
It’s not serious money. As an investor you’d be as well putting your money in a post office savings account - you’d earn more money and wouldn’t have to do any work….
If that was the case nothing would ever get developed. If the appraisal doesn't show at least 15% profit on GDV they will claim it it isn't viable for standard developments.
 
I appreciate no self respecting Rag would ever stay at the Medlock Hotel. But this weekend and last weekend shows why the Medlock Hotel will be a success.

This weekend is the Brit Awards, United are at home, City could have been at home, the Vaccines are playing at the Victoria Warehouse, the Foo Fighters are playing at the Ritz, and there are a host of other concerts and events across the city centre this weekend.

Hotel rooms for Saturday night are ranging from £200+ to over £400+.
 
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Even if they've (presumably) signed legally binding contracts? I'm assuming they're copping in for a serious amount of money for this project. You're saying that they can wriggle off the hook of these "LADS"?

It isn't wriggling. There is genuine provision and mechanism to cover delays, and protect the contractor. And then by extension, the client too, because nobody wins if it all goes tits up and the contractor busts.

Assuming they do their bit right and demonstrate the delays per the provision appropriately, obviously. There are broadly 5 main reasons for delays, and only 2 of them 'fall' on the contractor. And 1 of those 2 can be claimed through insurance.
 
I appreciate no self respecting Rag would ever stay at the Medlock Hotel. But this weekend and last weekend shows why the Medlock Jotel will be a success.

This weekend is the Brit Awards, United are at home, City could have been at home, the Vaccines are playing at the Victoria Warehouse, the Foo Fighters are playing at the Ritz, and there are a host of other concerts and events across the city centre this weekend.

Hotel rooms for Saturday night are ranging from £200+ to over £400+.
Rags have no self respect , suspect they would happily travel in from Dublin/London/Sussex/wherever and stay at the Medlock and post a picture of themselves in a knock-off rag shirt giving it the big one
 
Off topic but a bit of crane porn for @jrb ;)

The Les alizés crane vessel is offshore from Edinburgh at the moment along with a separate specialised ship with 3 offshore wind farm bases awaiting installation somewhere. That crane is absolutely huge (massive even) and towers over the city from the north shore.

 
Off topic but a bit of crane porn for @jrb ;)

The Les alizés crane vessel is offshore from Edinburgh at the moment along with a separate specialised ship with 3 offshore wind farm bases awaiting installation somewhere. That crane is absolutely huge (massive even) and towers over the city from the north shore.


Battersea Power Station. No complete.

IMG_8784.jpeg

Manchester’s crane record count was 82 cranes across the city centre and Salford Quays back in 2012 or 2013. SSC-MCR.

Just checked BBC weather.

Wednesday is going to warm and sunny all day. :-) (CP & SS)


I’ll do a picture update after work.

All the Brit Awards stuff should be cleared away by then, and the car parks should be reopened.
 
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