Construction firms warn government the sector is becoming ‘uninsurable’

Construction Industry Council claims 100 per cent damages law threaten firms’ ability to deliver housing and transport projects key to the state’s €165 billion National Development Plan

Construction firms have warned that the laws around government contracts risk making the industry “uninsurable”, and threaten their ability to deliver housing and transport projects key to the state’s €165 billion National Development Plan .

Firms across the construction, engineering and architecture industries have hit out at a law that means companies may have to cover 100 per cent of the damages in a construction contract even if it they are only responsible for 1 ...

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

businessposthq /  🏆 8. in İE

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Residential construction slowed in May as inflation bitesPrice increases hitting apartment developments before they can start, says report
Leer más »

Urgent need for review of Special Criminal Court to be published, says civil society groupPublic representatives and NGOs need time to analyse recommendations, says Irish Council for Civil Liberties
Leer más »