What makes Design and Build Contracts in London Fit out Industry so successful, how will they perform in the economic recovery?
By
ACKNOWLEDGEMENT
My thanks go out to all who have helped me complete this study and with whom this project may have not been possible. In particular, my gratitude goes out to friends, facilitator and family for extensive and helpful comments on early drafts. I am also deeply indebted to the authors who have shared my interest and preceded me. Their works provided me with a host of information to learn from and build upon, also served as examples to emulate.
DECLARATION
I, (Your name), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.
Signature: _______________________________
Date: __________________________
ABSTRACT
The research study is based on the factors that have played successful role behind the Build and Design contracts in London Fit out industry. The research study also focuses on the factors that will help the Fit out industry in performing well within the post recession. In today's fast moving world, the design and build has been frequently used by the construction industry through the procurement routes. In the report being released for the London Fit Out market, the report shows that this year, the contracts for the Fit Out will be falling to greater extent as compare to what has been estimated. The analysis of the market shows that the contracts for the Fit Out market will be falling below the levels of the year 2010. The fit out contractors that have been ranked among the first of the contractors is Overbury however the Como and ISG have got larger share in the fit out market of the United Kingdom. The fit out industry accounts for an estimated one-third of the world's economy from the production of raw material to the distribution of finished interior. The industry's component parts such as the design and production are the basis of a highly complex industry. While employing a great diversity of skilled and talented individuals, the industry offers a multitude of products, and absorbs a considerable portion of consumer spending. One out of every eight UK workers is employed in fit out or its allied-field industries.
TABLE OF CONTENTS
ACKNOWLEDGEMENTII
DECLARATIONIII
ABSTRACTIV
CHAPTER 1: INTRODUCTION1
Background of the Fit out Market in London1
Design and Build Contract as Procurement Routes3
Aim4
Objectives4
Hypothesis5
CHAPTER 2: LONDON FIT OUT AND THE LINK TO FINANCIAL INSTITUTIONS6
Market factors7
CHAPTER 3: STAKEHOLDER REVIEW, A REVIEW OF LEADING PARTICIPANTS WITHIN THE SECTOR9
Public and private sectors helping the fit out industry11
Sustainable Development of Building Industry12
Level of Productivity in Fit out industry in the United Kingdom14
The turnover of fit out industry companies19
Attributes Important to the Buyer-Supplier Relationship24
CHAPTER 4: REVIEW OF KEY TRENDS IN FIT-OUT & INTERIOR, PREVIOUS ECONOMIC CYCLES26