Financial Assessments on Construction Contractors

One of our areas of specialization is the Construction sector. 

The level of insolvency in the Australian construction industry is significantly higher than in other sectors of the economy. The failure of a contractor to successfully complete a contract causes great inconvenience, unnecessary delays and is usually a costly exercise. Furthermore, the impact of a financial collapse causes stress throughout the supply chain, adversely affecting suppliers and subcontractors.

The present downturn in construction activity has placed further pressure on a competitive industry characterized by under capitalization, over gearing and tight margins. It follows that there is a definite need for financial assessments in the construction industry. 

Kingsway has established itself as leader in financial assessment of contstruction related contractors and assesses billion of dollars of contracts annually ranging from $100,000 to $600,000,000.

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