Whilst lenders have traditionally shied away from the developer-builder model, it is becoming increasingly difficult to get a project off the ground with a third-party…
Reducing Lender Risk on Developer-Builder Projects
Tag: Project trust accounts
Should A Builder Need Access To Subcontractor Entitlements?
Leading Commercial Builder Balmain & Co Weighs In… For every developer that is mandating the use of IPEX on their projects, there is another that…
How To Validate A Builders ‘Stat Dec’
Can You Pick A False Stat Dec From A True One? Despite being one of the core requirements for the release of funds by developers…
You Can’t Insure Against Builder Insolvency, BUT There is Another Way to Protect Your Project
You can insure yourself against many risks when it comes to property development, but builder insolvency is not one of them. Recent, high-profile insolvencies have…
Subcontractors: Is Your Builder Protecting Your Payments?
When a builder submits a progress claim, they are not only asking to be reimbursed for costs incurred by their business, but also on behalf…
Builder Transparency: What Payment Info Developers Can View Under IPEX?
In the construction industry, builder transparency is crucial for establishing trust and ensuring project success. IPEX for builders provides tools and strategies to achieve this…
How Builder Reputation Impacts Contract Wins and Insolvency
How Much Longer Will Reputation Alone Be Enough To Win Contracts? In the construction industry, understanding the risks of builder insolvency is crucial for long-term…
Navigating Builder Insolvency: How IPEX Could Have Shielded 21 Projects
The recent news of St Hilliers entering voluntary administration highlights yet again the biggest challenge facing the construction industry. With an unsettling trend of companies…
Insuring Against The Uninsurable: The Solution for Developers
You wouldn’t dream of starting a project without insurance against property damage, bad weather or theft, but developers remain unprotected against one of the biggest…
Insuring Against The Uninsurable: The Problem for Developers
You wouldn’t dream of starting a project without insurance against property damage, bad weather or theft, but developers remain unprotected against one of the biggest…