Cruden Group Ltd Business Update & Covid-19 Statement – Friday 1st May 2020
Cruden Group Ltd Business Update & Covid-19 Statement
Cruden Group has continued to work closely with our clients and project partners to do all we can to keep our people safe and our sites running.
At all times, our main priorities have been to protect the welfare, health, safety and well-being of everyone directly or indirectly working for and with us, to continue to service our clients and their stakeholders and to deliver upon our contract obligations with high quality construction and service. In doing so, we have closely followed the government’s advice.
Regrettably, during this period of uncertainty, we have had to furlough a number of our staff and we have had to cease operations on a small number of sites. Our remaining office- based staff have been able to work from home with connectivity to our operational systems and processes. We look forward to welcoming everyone back when we are able.
Until that point, our remaining senior managers are sharing the short-term pain across the business, accepting pay reductions and working longer hours. This includes our Group and operational company boards.
We are also very pleased to report that despite the difficulties, our pre-construction teams have been able to advance negotiations on a number of schemes and indeed three new contracts have been concluded in the period with a value approaching £16m. In addition, negotiations on several more contracts with a combined value of over £30m have been advanced and we are confident will be concluded in May or early June. Further small works contract orders in excess of £3m have also been received.
During April, sites that have remained open and operational have continued to follow the guidance for construction as set out by Public Health England and the Site Operating Procedures developed by Build UK and the Construction Leadership Council.
Production progress, whilst not at full capacity has been encouraging and we want to thank our construction managers and our supply chain who have continued to service our clients on these sites and to accept new rules and ways of working.
From Monday May 4th, we anticipate re-opening another site and commencing enabling works on two of the new contracts. This will be achieved in a planned and managed approach to opening these sites safely, efficiently and securely. With each passing week and the restoration of material supplies, we are anticipating that the remaining sites which were closed will be able to re-open.
Stakeholders in each scheme and members of our supply chain should continue to check with the Contracts Manager and Site Manager on each scheme for the current status.
We are striving to return to being a fully operational business, meeting the needs of our clients and providing employment for our people and our valued supply chain. We will continue to keep the situation under constant review and remain prepared to take whatever action is required to protect the safety of everyone who works with us.