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Key findings:

  • On average,  subcontractors take on 40 new contracts each year and the average value of a contract is £205,077.
  • Commercial contracts (45%), housebuilding (24%) and industrial contracts (9%) are the greatest opportunities to secure more work.
  • Over half (55%) believe they must accept terms and conditions stipulated by main contractors or risk losing work.
  • On average, firms have written off £50,772 in bad debt over the past three years.
  • Over a third (38%) say construction contracts are too complex to understand.
  • Just one in five (22%) benefit from national infrastructure projects.
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