Everyone would like to think that the project they’ve planned so carefully will run to time. Our experience suggests that most projects don’t!

A basement renovation in a large house.

Almost without exception, most projects take longer to deliver than was originally anticipated.

The reasons for this differ and can be linked to any one of the following things:

  • The contractor has over promised and under delivered, in an attempt to  make the original quotation more attractive.
  • You have decided, on reflection, to change the specification of the contract. This has introduced a delay.
  • Changes may facilitate further planning permissions.
  • Ground conditions have been unfavourable due to aquifers or springs.
  • Inclement weather conditions such as prolonged frost or snow, high winds and storms.
  • The contractor becoming insolvent.
  • Changes to the professional team.
  • Damage to the existing structure.

Everyone would like to think that the project they’ve planned so carefully will run to time. Our experience suggests that most projects don’t!

When you’re estimating the duration of the insurance contract you require, it is best to allow a little extra time for a couple of reasons.

Firstly, it is more expensive to extend your insurance once it has been taken out.

Secondly, although a looming insurance expiry date is one reason for trying to complete a contract on time, contractors, when unnecessarily rushed, seldom do a brilliant job.