BDO 2020 Construction Survey – Taking the Pre and Post-Covid Pulse

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Advisory firm BDO NZ has released the 2020 Construction Survey. In two parts this year – giving a pre and post-COVID snapshot of the industry, the 2020 survey report looks at the impact COVID-19 has had on the industry and the industry’s key concerns and strategies for survival and growth. Here are some of the report’s key insights.

+ The greatest impact of COVID is the uncertainty of future work

+ 69% had contracts cancelled or delayed due to COVID-19

+ Number 2 concern is falling margins

+ The ‘race to the bottom’ is at risk of being underway

+ 90% needed to apply for the wage subsidy

+ 31% reduced or delayed dividends

+ 85% can pay their creditors when due

+ The forward work pipeline (pre-COVID) improved

Source: The BDO Construction Survey 2020

You can download and read the full report here:

Download the Construction Survey 2020

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The Hundertwasser Arts Centre (HAC) Wairau Māori Art Gallery is a once-in-a-lifetime opportunity for any construction company. It was certainly a privilege for the team at Registered Master Builders Association company Trigg Construction to be entrusted with the delivery of this amazingly complex project. Managing Director Darrell Trigg explains the concept, where no two windows or doors were built the same and no repeated building patterns allowed, in the April issue of Building Today.



Trigg is a proud sponsor of Wish4Fish. This charity helps people with disabilities or mental unwellness to get out on the water and enjoy the freedom and pleasure of our ocean waters – the benefits we know very well, as mad keen boating and fishing folk ourselves.

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