Basil Read completes contractual obligations on loss-making projects
The construction firm says between June and September it completed 11 contracts
08 October 2019 - 20:33
Construction engineering company Basil Read says it has made progress on the completion of loss-making contracts, so as to minimise the risk of being penalised for missing deadlines.
In construction, performance guarantees are used as security to ensure that a contractor meets contractual obligations...
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