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The Football News Thread 2022/23

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I thought that the steel had been purchased by Morgan (not necessarily directly) when the material price was favourable. Buckingham hit a delay when the steel erectors (Barrett Steel Buildings) went belly up and there was other delays with the PCC stairs. There was also a delay with the roof completion IIRC.

I don't know the full story tbf it's more through hearsay. Would make sense that Wolves bought the steel direct if the steel contractor went/going bump and couldnt get credit then they employed the erectors direct.

I know they caught a cold on it, that much is for sure.
 
They would do. The fines for delays on any big construction project are absolutely punitive, and at their worst for stadia because the project has to be ready for the start of a season or tournament.

Laings got fined millions and millions over late delivery of the Millenium.

Buckingham would have been wanting to fine the steel supplier to avoid catching their cold, but if it went belly up there is no entity to pass the delay fines on to.
 
They're not allowed to be punitive. They can only cover income that's lost as a result of the project being delivered late.
 
They can also cover excess costs like keeping cranes in place over extra time and all sorts. If you are a smaller supplier they can wipe you out.
 
They would do. The fines for delays on any big construction project are absolutely punitive, and at their worst for stadia because the project has to be ready for the start of a season or tournament.

Laings got fined millions and millions over late delivery of the Millenium.

Buckingham would have been wanting to fine the steel supplier to avoid catching their cold, but if it went belly up there is no entity to pass the delay fines on to.
Laings got virtually wiped out by that project IIRC, allowed Ray O'Rourke to buy them for £1.
 
That's slightly different when you're talking about the draw down from main contractor to subcontractor rather than client to the former.

Still don't think you're allowed to be punitive though, you'd just end up covering the main contract LADs as well as the prelim overrun, cranes and staff etc.
 
I thought that the steel had been purchased by Morgan (not necessarily directly) when the material price was favourable. Buckingham hit a delay when the steel erectors (Barrett Steel Buildings) went belly up and there was other delays with the PCC stairs. There was also a delay with the roof completion IIRC.

As somebody who sits in the North Bank lower I can confirm we're still waiting for completion of said roof...
 
I don't know the full story tbf it's more through hearsay. Would make sense that Wolves bought the steel direct if the steel contractor went/going bump and couldnt get credit then they employed the erectors direct.

I know they caught a cold on it, that much is for sure.
The steel fab company didn't go bust, it was the erectors (snigger) that went belly up during the build. The steel fab had been secured seperately to the install costs.
 
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They would do. The fines for delays on any big construction project are absolutely punitive, and at their worst for stadia because the project has to be ready for the start of a season or tournament.

Laings got fined millions and millions over late delivery of the Millenium.

Buckingham would have been wanting to fine the steel supplier to avoid catching their cold, but if it went belly up there is no entity to pass the delay fines on to.
Buckingham couldn't 'fine' the sub contractor. Liquidated damages cannot be a 'penalty'. Not being party to any progress meetings, etc it's hard to comment. Presumably the principal contractor would have given an 'early warning notice' of any delays to the programme.
 
The steel fab company didn't go bust, it was the erectors (snigger) that went belly up during the build. The steel fab had been secured seperately to the install costs.
Very odd that an installer went bump I mean it's just labour how can you screw that up! Unusual to separate the fabrication from install, I have enough arguments with QS's about ordering doors as a separate package, could imagine the look they'd give me if I suggested that.

Yep LADs have to be proven but given the fine margins in profit the loss of income for a matchday for an entire stand would quite easily wipe out any profit.

The Millenium sent the old Laings to the wall IIRC sold for a pound I think, I heard some of the problems were due to oversail rights on the Tower Cranes which buggered up the programme.

Stadia are considered high risk schemes, not many takers in a buoyant market as we have.
 
Very odd that an installer went bump I mean it's just labour how can you screw that up! Unusual to separate the fabrication from install, I have enough arguments with QS's about ordering doors as a separate package, could imagine the look they'd give me if I suggested that.

Yep LADs have to be proven but given the fine margins in profit the loss of income for a matchday for an entire stand would quite easily wipe out any profit.

The Millenium sent the old Laings to the wall IIRC sold for a pound I think, I heard some of the problems were due to oversail rights on the Tower Cranes which buggered up the programme.

Stadia are considered high risk schemes, not many takers in a buoyant market as we have.
You know a QS who'd rather pay someone else's margin than place an extra material order?!

Some of the people I've worked with would almost try and split the gypsum out of plasterboard if they could shave a few pennies off.
 
Labour plus plant.

Barrett Steel Buildings who fabbed and installed the steel had a seperate install company to the stockholding/fabrication part of the business IIRC.
 
You know a QS who'd rather pay someone else's margin than place an extra material order?!

Some of the people I've worked with would almost try and split the gypsum out of plasterboard if they could shave a few pennies off.
A developer I work with in the Channel Islands buys all the materials (with the exception of specialist stuff).
 
Barrett sounds massive alarm bells for me when it comes to steel.

At my former employer we used a company called FrameDeck a couple of times, think they're well used by Winvic too, and I'm sure Barrett was the name of the family that owned/operated them. Remember them having an odd backstory where their grandfather had started the business, then passed it on to their dad and now there were I think three brothers of the third generation running the show. Believe the company name had changed with each generation though so I was always suspicious of whether they'd gone bump a few times or been conveniently wound up to give the retiring generation a big pay off.

They were based up in Yorkshire somewhere from memory.
 
You know a QS who'd rather pay someone else's margin than place an extra material order?!

Some of the people I've worked with would almost try and split the gypsum out of plasterboard if they could shave a few pennies off.

Lolz
 
Watford going out (they didn’t show enough steel) means we’re likely to be playing on fourth round weekend whatever the result tomorrow?
 
Barrett sounds massive alarm bells for me when it comes to steel.

At my former employer we used a company called FrameDeck a couple of times, think they're well used by Winvic too, and I'm sure Barrett was the name of the family that owned/operated them. Remember them having an odd backstory where their grandfather had started the business, then passed it on to their dad and now there were I think three brothers of the third generation running the show. Believe the company name had changed with each generation though so I was always suspicious of whether they'd gone bump a few times or been conveniently wound up to give the retiring generation a big pay off.

They were based up in Yorkshire somewhere from memory.
Bradford. Barrett Steel still operates as I stated earlier the steel stockist business was seperate to the install/erection business that went belly up. Strangely, IIRC, the Molineux install was the only job they had on at the time. 40 guys lost their jobs, I know 2 of them.
 
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