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Center for Innovation Webinar - Design to Value

Time: 2025-10-08 15:06:26 Source: Author: Basic Earbuds

Fourth generation nuclear reactors will likely be available by 2027, by which time the platform will be sufficiently developed to realise carbon savings at a massive scale by the end of this decade.

While this has been partly addressed through legislation such as the Small Business, Enterprise and Employment Act 2015 and the Prompt Payment Code, it is still a problem.. A digital marketplace would help make payments more timely – in some cases even instant.It would also make the construction procurement process more transparent and give suppliers greater certainty of cash flow.. Thirdly: procurement is another significant cause of ‘friction’ in projects, as noted in Construction 2025.

Center for Innovation Webinar - Design to Value

The process of arranging and issuing tender documentation and requests for proposals, scoring them and awarding contracts, is very time-consuming and labour-intensive.Projects very often require a complex network of contracts to ensure that the main contract clauses are passed down through the supply chain, resulting in management overhead on overhead being passed back up to the client.. For these reasons, the Construction Playbook notes that:.To support the growth and inclusion of more SMEs in the delivery of public works projects, we need greater visibility of the public spending flowing down the supply chain.

Center for Innovation Webinar - Design to Value

Suppliers should invest in automated, digital payment and contracting systems and processes.Digitisation will improve transparency, information exchange, payment performance and contract management across the supply chain.

Center for Innovation Webinar - Design to Value

Standard components and digital tools - the construction Platforms ‘ecosystem’.

The underpinnings of a potential marketplace are set out in the Playbook, which states that Government:.Prefabrication in factories (off-site construction) is often thought of as a panacea, a sure-fire way for construction sites to achieve greater productivity.

However, factories can also be run inefficiently, and if traditional construction methods are simply shifted into a factory setting, the benefits of MMC can be diluted or lost..In some cases, building off-site in a factory may even be less efficient than on-site construction.

For example, prefabricated 3D modules (used in modular construction) involve many additional costs compared to conventional build.These include transportation (a pre-fabricated room is mostly air, after all) and heavy plant for lifting modules into place.

(Editor: Powerful Dehumidifiers)