EN:Connect Procurement & Supply Chain Management
Tuesday 11th April 2023 - 9:30am - 11am
Financial Risk Management
Hosted by EN:Procure Director of Operations Emma Mottram who'll be joined by James Leather, Senior Project Manager at Michael Dyson Associates, a family run, established multi-disciplinary construction consultancy providing a comprehensive range of professional services to public and private sector clients.
In the first-quarter of 2023 a total of 83 construction companies fell into administration/insolvency, this only being beaten by the 90 business collapses recorded in Q1 2020. The current economic situation, supply chain pressures, chronic shortages of both skilled and unskilled labour inflation and typically low-margin and/or fixed price contracts present a complex mix of challenges for Contractor/Supplier. As a result contractor financial risk mitigation comes into greater focus
James will share his experience of managing several new build projects that have been affected by the recent Tolent demise, including actions available under the contract, dealing with Administrators and re-procurement options/strategies
There will then be an open conversation led by Emma about various strategies to try to mitigate contractor financial risk, including strategies that the framework utilise in relation to our framework contractors and suppliers.
This session's speakers
Director of Operations - EN:Procure
Emma has over 20 years’ experience of the public sector and expertise from her background in quantity surveying, she joined EN:Procure as Framework Operations Manager in 2015.
As Contract Manager for Sheffield City Council’s £30m+ per annum Social Housing Repairs and Maintenance contract, she developed long term stakeholder relationships, implementing and managing robust performance frameworks, driving service improvements and delivering ongoing efficiencies. Emma also worked as Commercial Manager for Kier Services Ltd, gaining experience from a contractor’s perspective whilst also procuring, negotiating and managing the sub-contracting arrangements.
Emma leads the EN:Procure team of Framework and Procurement Managers and is developing and managing EN:Procure's suite of frameworks, ensuring compliance with the Public Procurement Regulation and adherence to the respective framework agreements.
Senior Project Manager - Michael Dyson Associates Ltd
James is the Team Manager and Senior Project Manager within the Contract Administration team at Michael Dyson Accosiates Ltd.
James' experience includes the management and delivery of duties associated with a Building Surveyor and Employers Agent; these include contractor procurement, project management, quantity surveying and contract administration. Jsmes also has experience in cost planning and budget control on projects, site inspections ensuring quality of works being carried out by contractors, design co-ordination and managing CDM Regulation requirements.