Construction
Recent Articles
The Barbados Construction Industry 2012: Improving Quality and Streamlining Cost
“The success achieved through these initiatives has created a renewed confidence amongst investors and new commercial and residential improvement projects are starting all around the island again …”
What Really Drives Construction Cost?
Any developer, construction professional, or individual involved in a construction project will be concerned about what drives or effects construction costs. Barbados and the wider Caribbean is currently experiencing a far more competitive market driven by the current global recession …
The Current State of Barbados’ Construction Industry
The construction industry and real estate markets in Barbados are generally following the broader economic downturn being experienced both globally and regionally. Declines in the economy have pushed unemployment up, and this has impacted on the real estate and construction …
Four Seasons Barbados: An Over-ambitious Government Investment?
Four Season Barbados The financial future of the Four Seasons premium hotel project, situated on the site of the old Paradise Beach Hotel, is hanging over the short-term economic policy development of Barbados like a dark cloud. In reality, it …
Facts About The Construction Industry In Barbados
Market conditions in Barbados, in-line with the current global turndown, have resulted in more favourable tender prices for clients, whom only two years ago often struggled to solicit competitive bids, such was the overheated nature of the construction sector. …
Underinsurance: Recipe for Financial Disaster
Do not underestimate the importance of assessing the actual rebuild value of your property for insurance purposes and ensure that your home and/or business is as well protected as it should be. In the months leading up to June, with …
Caribbean Resorts – Opportunity Knocks?
All of us in the Caribbean are acutely aware of the effects that the global economic downturn has had on resort investment in the region – but is now the right time for investors to get back in the water? …
Building For The Future
In every construction project, from a single-story structure to the most complex multi-story building, standards play a vital role in helping to address important issues including safety, reliability, energy efficiency, integrity, durability and economy. Standards is the single largest attribute …
Is Now The Right Time To Build?
With all the changes to the global economy, it is vital those planning new developments in Barbados have an informed understanding of the current market situation. While the economy has started to show signs of growth, the after effects of …
An Analysis Of Construction Costs In The Region
Construction costs in the Caribbean region vary depending on the island or country. In the first quarter of 2010, BCQS completed a comprehensive review of construction costs likely to efffect the cost of construction in several English and Dutch speaking …
Valuing In A Downturn
Within the Caribbean region, most of us are used to house values going up. However, we are all now aware of the slowing down of the property market after consecutive years of growth. Within this article we are looking at …
Building Information Modeling: The Cutting Edge Project Delivery Tool
If anyone were to take a survey of developers, owners and contractors to determine if their wish lists included more accurate and better coordinated construction drawings with fewer conflicts I feel certain that you would get a resounding response: “yes, …
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