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WeBid News
The Role of the Public Procurement Review Service
Public procurement is a critical function in ensuring that resources are allocated efficiently and essential services are delivered effectively.
Supreme Court: Warranty is Not a Construction Contract
The Supreme Court has clarified a key issue in construction contract law, ruling that a collateral warranty does not qualify as a construction contract under the Housing Grants, Construction and Regeneration Act 1996.
CLC Lobbies for Revival of Private Finance in Construction
The Construction Leadership Council (CLC) is urging the next UK government to revitalize private finance in the construction industry, presenting a plan that could inject £45 billion annually into the UK economy by boosting industry productivity.
Construction Bond Crisis: QBE Europe Exits, Impacting Major Contractors
QBE Europe, a leading provider of business insurance, has announced its withdrawal from the construction bonds market for major contractors.
JCT Releases New Minor Works Building Contract 2024
The Joint Contracts Tribunal (JCT) has announced the release of its updated Minor Works Building Contract 2024.
Five Merchants Pave the Way by Joining CPPI
Five prominent merchants have taken the lead by becoming the first to join the Code for Construction Product Information (CPPI).
CIC's Guide: Mastering Personal Liability in Construction with PII and Smart Risk Management
In a bid to enhance risk management awareness and empower professionals in the construction industry, the Construction Industry Council (CIC) has recently released a crucial resource.
Survey Highlights Late Payment Woes for Scottish Contractors
In a recent survey conducted by Scotland's Construction Industry Collective Voice, a staggering eight out of ten Scots in the construction sector are grappling with persistent and deep-rooted payment challenges.
Procurement Act 2023: Evolutionary Shifts in UK Construction Practices
The recently approved Procurement Act, having received Royal Assent on October 26, 2023, marks a significant evolution rather than a revolution in the procurement landscape of the UK.
Farewell HS2, Hello Network North: A Transformative Shift in UK Transport Infrastructure
In a surprising turn of events, the UK government has announced the scrapping of the northern leg of HS2, redirecting the £36 billion funds into a bold and expansive new transport scheme – Network North.
Stricter Payment Reporting Laws: A Closer Look at the New Retention Records Requirements
In a significant move to bolster corporate payment transparency, the UK Government is reinforcing contractor payment reporting laws, introducing stringent measures that include reporting retention records in six-monthly returns.