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Plant and assets

What you own, where it is,
and what it is costing.

Three ways plant quietly costs money: kit nobody can find, hire that nobody stopped, and an examination date nobody was watching.

3 articles

Plant and assets, in one place.

Plant is the part of a construction business where the losses are invisible. Nothing fails loudly. A machine sits on a finished site, a hire runs for six weeks after the work stopped, and a sling stays in a van two months past its examination date. Each one is small and none of them announces itself.

These 3 articles cover the three registers that stop it: what you own, what you are hiring, and what is on a statutory clock.

Operatives working among steel reinforcement on a slabPlant and assets··5 min readKnowing what plant you own and where it isThe losses are quiet: kit that walks between sites, kit hired because nobody could find the one you have, and kit written off that is still in a container.Read it →An electrician testing at a distribution boardPlant and assets··4 min readOff-hire, and the charges that keep runningHire runs until the item is off-hired, not until you finish with it. A preventable loss that every contractor recognises and almost nobody has a process for.Read it →Tower cranes above a building under constructionPlant and assets··6 min readLOLER, and the clock on every lifting accessorySix months for anything that lifts people, twelve for everything else, and a report that has to exist before the next lift. What thorough examination means, and what it is not.Read it →

Other subjects

Site servicesThe three services a site cannot open without, what each one costs to put in, and the compliance estate that sits behind them once it is running.3 articlesGetting paidNine articles on what the Housing Grants, Construction and Regeneration Act 1996 gives a subcontractor: a right to be paid on a fixed timetable, and remedies for when that timetable is missed.9 articlesCommercialEleven articles on the commercial side of a contracting business: what belongs in a price, what routinely gets left out of one, and where the margin goes between winning a job and closing the final account.11 articlesHealth and safetyEleven articles on what the Construction (Design and Management) Regulations 2015 and RIDDOR require, who holds each duty, and what an inspector asks to see first.11 articlesTax and CISSeven articles on the two tax regimes that touch almost every construction payment made in the UK, and the deadlines that carry an automatic penalty when they slip.7 articlesChoosing softwareNine articles written for the person who has to make the decision rather than the person selling into it, including what the money goes on, what the support arrangement is really worth, and where the systems you already run reach their limit.9 articlesWinning workThree articles on the paperwork that decides whether you are allowed to price a job at all, which is a different problem from pricing it well.3 articlesReducing riskFive articles on spotting a main contractor in difficulty early enough to act on it, and on what can still be recovered once it is too late to.5 articlesSubcontractorsFinding them, checking them, and paying them without an argument about what the invoice should have said.3 articlesPlant and assetsThree ways plant quietly costs money: kit nobody can find, hire that nobody stopped, and an examination date nobody was watching.3 articles
Next step

One register, and the dates on it.

An asset register that carries location, make, model and serial number answers the question of what you own. Attaching examination and inspection dates to the same record answers the more expensive question of what is due, and the nightly job that reads expiry dates puts it in front of somebody inside a thirty day window rather than after it has passed.

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