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Balfour and Hochtief on £140m Havant reservoir shortlist - Vimarsana News

Balfour and Hochtief on £140m Havant reservoir shortlist

Roadbridge UK Ward & Burke Construction At 1.6km from east to west and 0.8km from north to south, the reservoir will be built on a 160-hectare grassland site owned by Portsmouth Water in Havant, Hampshire. It will hold approximately 8.7 billion litres of water and will be able to supply up to 21 million litres of water each day – having been filled in the winter from surplus water pumped from the Bedhampton springs in Havant. The reservoir is scheduled to be operational by 2029. According to Portsmouth Water, the new reservoir at Havant Thicket will secure critical water supplies for the So...

CN Payment 100: how long do construction companies take to pay? - Vimarsana News

CN Payment 100: how long do construction companies take to pay?

In our second major analysis of industry payment-practice reports, Megan Kelly delves into the government data to identify the best and worst payers in the sector. We also look beyond the headline figures to uncover the often complex reasons why some companies appear able to settle their debts more swiftly than others Slow payment has long plagued construction. It comes as no surprise to learn that, in 2020, amid a global pandemic, a national shutdown, and with many companies struggling for cash, poor payment practices have again come to the fore. According to Construction News’s latest ...