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QUESTION

Write 10 pages thesis on the topic the construction firm: contractors and subcontractors.

Write 10 pages thesis on the topic the construction firm: contractors and subcontractors. (See Appendix I – Construction and GNP Trends between 1980 to 2011 on page 13) Within the construction industry, Rok plc is considered as one of the biggest contractors in the United Kingdom that focuses on repairing, refurbishing, and maintenance of government schools and social housing projects. In line with this, the company offers plumbing, heating and electrical (PHE) services on top of bidding for construction projects (Corporate Information 2011). Due to serious economic recession in UK between 2008 to 2009, the company corporate earnings of this company had been negative until the last quarter of 2009 (ibid). Even though the company managed to earn as much as 714,800,000 worth of sales as of January 2010, Rok plc has recently declared its bankruptcy when the company incurred ?60 million worth of debt (Corporate Information 2011. Clapper 2010). As a result, the company is currently implementing a massive layoff of its workers and was removed from the stock exchange (Rok Plc 2011. Global Insolvency 2010). (See Appendix II – Corporate Earnings of Rok Plc.

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