StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Regulations Influencing The UK Construction Industry - Essay Example

Cite this document
Summary
Since the Rio de Janeiro’s Earth Summit held back in 1992, both sustainable development and sustainability have captured substantial attention in all global industries, particularly the construction industry. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.2% of users find it useful
Regulations Influencing The UK Construction Industry
Read Text Preview

Extract of sample "Regulations Influencing The UK Construction Industry"

Download file to see previous pages

Due to this concern, sustainable construction’s concept emerged, while national governments passed a number of regulations to help in the management of the large construction industry. Undeniably, sustainable construction remains an imperative channel of improving the construction industry’s performance, hence rendering it more sustainable. Consequently, national governments have helped to reduce the environmental challenges posed by the diverse construction activities (Hackett et al, 2006).

The construction sector remains an imperative industry in the UK. It has profound social, environmental, and economical impacts. According to Barkham (2012), the construction industry of the UK contributes around 10 percent of the total GDP of the UK. Besides, it provides over 1.5 million individuals with employment. However, it has dire environmental effects attributed to the diverse construction activities. For instance, the UK reports an annual average waste of about 70 million tones with about half of all generated energy being used by the sector.

The UK has passed several acts, including the Anti -Corruption Act of 2012. Such developments have improved sustainable construction levels throughout the nation, even though it still lags much behind compared to the other European nations (Morton, 2007). The purpose of this paper is to examine some regulations, which impact upon the UK construction industry and the impacts they have had upon it. The first regulator of the construction industry is the CIS (Construction Industry Scheme). The CIS stipulates the rules and procedures of how contractors must handle their subcontractors’ payment during construction work within the construction sector.

The CIS applies primarily to construction contractors and subcontractors within the mainstream construction activities. Conversely, the firms and businesses whose central work is not construction are required to handle their work as contractors within the construction sector; they consequently fall under CIS. This is usually applicable to firms and businesses that have a relatively high yearly expenditure on construction work (Morton, 2007). All contractors under CIS must follow some stipulated regulations when paying their subcontractors.

Subcontractors are advised to register themselves with the HMRC and ensure they inform them about any changes they make to their businesses in order to ascertain that they are paid their dues correctly (Morton, 2007). Contractors under CIS are also obliged to make their monthly returns every month. Finally, both contractors and subcontractors working under the CIS should update the HMRC about any alterations they make to their business since their registration with the scheme. These changes or details include change in address, business legal structure changes, liquidation, and cessation of operations among other issues (Ruddock, 2008).

Another important regulation is the 2008’s Climate Change Act of the UK, which became a law on first December 2008. This act concerns itself with the cutback of greenhouse gases emission. It goes further to affirm that the UK government has a binding duty of assessing the diverse risks associated with climate change within the UK. Conversely, this act only guarantees a certain level of carbon cutback by the year 2050. In addition, it affirms that carbon emissions must be minimized by at least twenty six percent and eighty percent by 2020 and 2050 respectively.

The government intends to achieve this via several ways involving increased carbon pricing and utilization of renewable energy (Myers, 2008). Therefore, it is advisable to mull over

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Regulations Influencing The UK Construction Industry Essay”, n.d.)
Regulations Influencing The UK Construction Industry Essay. Retrieved from https://studentshare.org/environmental-studies/1472395-what-regulations-other-than-anti-corruption-act
(Regulations Influencing The UK Construction Industry Essay)
Regulations Influencing The UK Construction Industry Essay. https://studentshare.org/environmental-studies/1472395-what-regulations-other-than-anti-corruption-act.
“Regulations Influencing The UK Construction Industry Essay”, n.d. https://studentshare.org/environmental-studies/1472395-what-regulations-other-than-anti-corruption-act.
  • Cited: 0 times

CHECK THESE SAMPLES OF Regulations Influencing The UK Construction Industry

Business Analysis of Capstone

In the growing construction industry, Capstone offers unique products and services for buildings.... In the building and construction industry, it is important to give rise to new designs that may facilitate a better engineering building.... Having unique building structures, the company is able to provide construction services for the vast population.... hellip; The company recruits well-educated, trained and skilled personnel that work with the latest construction projects....
9 Pages (2250 words) Case Study

Organisation of Engineering Business

hellip; They have offices in 8 locations throughout Ireland and the uk.... Delap & Wellar Consulting Engineers (D&W), established in 1911 in Dublin had started in the fields of Civil and Structural Engineering and gradually diversified into Mechanical and Electrical Services.... The organization also evolved from partnership to a Limited Company in 1991....
18 Pages (4500 words) Essay

Investing in London Office Market

London is considered as major financial hub not only of the uk where major business giants are operating their businesses.... It is important to carefully analyse different elements influencing the market/ For the purpose of the paper, the economic, political, institutional, social, legal, and many other factors are explored and investigated to understand and comprehend the future implications for the London office market.... Apart from this the supply and demand and other important elements like property planning and pipeline projects with reference to the different regions and breakup of the overall London office market have been explored and analyzed in order to get a better understanding of the overall market and industry....
13 Pages (3250 words) Case Study

Competition Regulation and Functioning Competitive Markets

This paper will begin my discussing the major completion regulations in the uk, before discussing the effect of competition regulation on the functioning of a competitive market.... Competition regulation policy in the uk, as well as the EU, is based on four fundamental pillars.... The Monopolies and Restrictive Practices Act 1948 was the uk government's first legislative attempt to regulate competitive practices, specifically by setting up the Competition Commission to block mergers that would threaten public interest4....
12 Pages (3000 words) Essay

The Importance of Ethics to Sustainable Growth in Engineering Enterprise

It has been observed in the uk that titles like “chartered engineer”, “engineering technicians”, “information and communications technology technicians” and “incorporated engineer” are granted by the Engineering Council UK (Basart, Farrús and Serra, 2015).... However, there are more governing bodies involved in UK's engineering industry than in China.... In the line of engineering, China is more inclined towards practical moral education and uk gives more Findings reveal that China's rules and regulations related to ethical standards are not implemented strictly but it has given more importance to CSR programmes....
20 Pages (5000 words) Research Paper

Assess the impact of re-introducing rent control on the market for housing

Significantly, rent regulation has been… The period between 1905 and 1989 marked the first implementation of rent regulations.... The United Kingdom's housing private has multiple divisions with houses and apartments owned by the private sector and the local authorities; additionally, with developments in the market, housing associations have also become prevalent....
5 Pages (1250 words) Essay

The Importance and Necessity of Adaptation of Sustainable Technology

The study specifically investigates the issue as to how innovation and technology can be used to convert the existing building and office premises in the uk to sustainable models that are eco-friendly and benefit all the people both financially and environmentally.... It will also try to expose the barriers that come in the way of managers and industry in adopting these standards.... This study aims to highlight the importance and necessity of adaptation of sustainable technology in one such very important area of human advancement, namely the construction, design, and maintenance of existing office buildings in the United Kingdom....
14 Pages (3500 words) Term Paper

Environmental Sustainability in the Construction Sector

The paper "Environmental Sustainability in the Construction Sector" discusses several aspects of environmental sustainability in the uk construction sector.... hellip; It is clear from the above discussion that the construction industry plays an important role in the economic development of the United Kingdom.... The global construction industry is growing at a rapid growth rate.... The government of the United Kingdom is trying to support each and every player within the construction industry to maintain a significant and constant growth rate as this industry is playing a major role in the growth of the economy of the UK....
12 Pages (3000 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us