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

Share This:

Share on facebook
Share on linkedin
Share on twitter
Share on email

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

More To Explore

Community

We are the community

Our local community is a big focus for us and at the heart of everything we do! Outside of his busy construction life, Darrell is the Ruakaka Volunteer Fire Brigade’s Chief Fire Officer.

Thanks for downloading our FREE guide

Check your email inbox – it’s on its way!