{"id":19824,"date":"2018-08-10T16:30:33","date_gmt":"2018-08-10T15:30:33","guid":{"rendered":"https:\/\/ihbconline.co.uk\/newsachive\/?p=19824"},"modified":"2018-08-10T16:30:33","modified_gmt":"2018-08-10T15:30:33","slug":"subcontracting-growth-report-now-published","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=19824","title":{"rendered":"\u2018Subcontracting Growth Report\u2019 \u2013 Now published"},"content":{"rendered":"<h3><a href=\"https:\/\/newsblogs.ihbc.org.uk\/wp-content\/uploads\/2018\/08\/Bibby_website_100818.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-19825\" src=\"https:\/\/newsblogs.ihbc.org.uk\/wp-content\/uploads\/2018\/08\/Bibby_website_100818.png\" alt=\"website\" width=\"300\" height=\"245\" \/><\/a>A report on the growth of subcontracting &#8211; \u2018A study of UK subcontractors in 2018\u2019 \u2013 has been published by Bibby Financial Services.<\/h3>\n<p><!--more--><\/p>\n<p>Bibby Financial Services writes:<\/p>\n<p>Key findings of Subcontracting Growth Report:<\/p>\n<ul>\n<li>Subcontractors take on an average of 45 new contracts each year.<\/li>\n<li>The average contract value is \u00a3205,077.<\/li>\n<li>56% say they have no bargaining power and have to accept contract terms stipulated by main contractors or risk losing business.<\/li>\n<li>47% say that the collapse of Carillion has made them wary of working with large main contractors.<\/li>\n<li>82% say they support mandatory payment terms for all public sector suppliers and 69% say there should be better public reporting of supply chains.<\/li>\n<li>Subcontractors have an average of 26 weeks\u2019 work in the pipeline, compared with 22 in 2016.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.bibbyfinancialservices.com\/about-us\/news-and-insights\/reports\/2018\/subcontracting-growth-report\" target=\"_blank\" rel=\"noopener\">Read more and download the report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A report on the growth of subcontracting &#8211; \u2018A study of UK subcontractors in 2018\u2019 \u2013 has been published by Bibby Financial Services.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-19824","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/19824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19824"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/19824\/revisions"}],"predecessor-version":[{"id":19826,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/19824\/revisions\/19826"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}