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Insolvency recovery planning

October 6, 2022, 17:00 - 18:00

Insolvency recovery planning

 

The insolvency of a Principal Contractor or a key supply-chain partner part-way through a project can have devasting consequences. An insolvency event can result in significant financial losses, build quality issues, and widespread delays and disruption.
Many of these issues can be mitigated by effective planning and ensuring that the protection measures will perform as expected.

What is an Insolvency Recovery Plan?
An Insolvency Recovery Plan provides a structured template to pre-plan for an insolvency event. The plans act like a ‘lifeboat drill’ to ensure that the protection measures are adequate – and that everyone in the team knows how they work.
They can be prepared at any stage of a development project – it’s never too early or too late to instigate a recovery plan. They can be prepared prior to works commencing on site, during the course of the works – or even after an insolvency event has occurred.

Speaker:  Richard Winson FRICS, Protech Analytics

Richard is an experienced chartered surveyor with extensive knowledge of property development risk and insolvency advisory. Richard has assisted insolvency practitioners with the ‘clear-up’ operations of several hundred contractor insolvencies – ranging from ‘one man band’ companies – right up to national construction companies.

The company has developed a series of proprietary due-diligence risk platforms to compliment traditional surveying skills. The platforms provide an effective ‘war room’ analysis of the projects, and the performance of the associated supply-chain. The company provides a common-sense, reliable and trustworthy service.

Protech Analytics carries out specialist due-diligence services for a wide range of clients. These services cover property development projects, principal contractor & sub-contractor business / performance reviews and ‘health-checks’.
We can also offer:
• Contractor due-diligence for pre-qualification, lending, & M&A
• Project monitoring services and development risk due-diligence
• Risk workshops and training events
• Supply-chain monitoring
• Data analysis, data visualisation, and software development

Date: Thursday 6 October

Time: 1700 – 1800

Price: £12 .50 plus VAT (£15.00) or included in the webicard

Online via zoom

Please book below or send me an email to

You will be sent the link to join via zoom the day before

All webinars are recorded and can be viewed anytime after the event

Details

Date:
October 6, 2022
Time:
17:00 - 18:00
Event Categories:
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