Dear members
We have been asked by Stuart Young MCIPR, Director for Construct Zero to circulate the below message with sector colleagues
An unprovoked and bloody invasion by Russia on Ukraine is underway by land, by sea and by air. In response, the Prime Minister today announced the largest and most severe package of economic sanctions we have ever introduced and that Russia has ever faced. We are imposing these sanctions in close coordination with our US and European allies to ensure they have maximum impact. These sanctions are targeted at the people and financial institutions who have underwritten Putin’s war machine. Sanctions will also be applied to Belarus for its role in the assault on Ukraine.Please find below an overview of the new sanctions. You can read the Prime Minister’s statement to Parliament here. If you have specific questions related to the impact these sanctions may have on your business, please contact us on BusinessPartnerships@CabinetOffice.gov.ukOverview of SanctionsIn close cooperation with our allies, we will impose on Russia the largest and most severe package of sanctions ever enacted on a major economy;
- We will starve the Russian state of their access to finance, introducing legislation by 1 March to:
- Stop the Russian state from being able to borrow in UK markets and issue sovereign debt;
- Block the ability of major Russian banks to operate in sterling around the world with a prohibition on clearing payments in sterling – in concert with the US this is the largest financial sanction ever;
- Block major Russian state and private companies from raising funds in the UK, banning dealing with their securities and loans;
- Limit the amount of money that Russian nationals can deposit in their UK bank accounts;
- And in concert with the United States, we are imposing a full asset freeze on the Russian bank VTB.
- We will expand our measures to prevent key goods and technologies from being exported to Russia by:
- No longer approving licences for the export of dual-use goods, with immediate effect;
- Banning the export of a range of high-end and critical technical equipment and components, with enabling legislation laid in March.
- We will be sanctioning over 100 more individuals and entities in total, including VTB, Russia’s largest bank, and major defence sector organisations:
- Freezing their assets in the UK.
- Preventing any UK entities from engaging with these organisations and individuals in the UK or overseas.
- Imposing travel bans on individuals.
- And we will ban Russian airline Aeroflot from our skies.
Update from the National Cyber Security Centre
Following Russia’s further violation of Ukraine’s territorial integrity, the National Cyber Security Centre has called on organisations in the UK to bolster their online defences.The NCSC – which is a part of GCHQ – has urged organisations to follow its guidance on steps to take when the cyber threat is heightened.While the NCSC is not aware of any current specific threats to UK organisations in relation to events in and around Ukraine, there has been a historical pattern of cyber attacks on Ukraine with international consequences.The guidance encourages organisations to follow actionable steps that reduce the risk of falling victim to an attack.We would also encourage you to follow the NCSC’s social media channels: LinkedIn and Twitter for further alerts and updates. Full details of the campaign to support CNIs, large organisations and public sector organisations can be found here. If you have any questions, please contact enquiries@ncsc.gov.uk who will be happy to assist.Best wishes, Business Partnerships TeamCabinet Office
Please see below some recent PR coverage for CESW in January, Our PR is provided by Purplex Marketing.
Building Products – Constructing Excellence South West, be part of construction’s change agenda
Insight Index – Constructing Excellence South West, be part of construction’s change agenda
http://www.insightindex.co.uk/in/CESW/news/be-part-of-construction%E2%80%99s-change-agenda-
Insight Index – New construction report reveals how to breathe new life into ageing industry
Building Products – New report from CESW reveals how to attract young people into construction
Business Leader – New report detailing how to attract young people into construction released
FIDIC run survey as they consider introducing a Collaborative form of contract into their suit of contracts.
Task Group 17 (TG 17 – click here to read more about TG 17) of the FIDIC contracts committee is working on a collaborative form of contract(s) to add to the FIDIC suite by 2023. Through the survey below (closing date 18 March 2022), TG 17 wants to test, verify and challenge specific elements of the set-up of the model it is preparing by considering feedback from users of standard contract forms regarding local and jurisdictional matters (especially those not represented in TG 17) while gathering insights from experiences of users of collaborative forms of contract as well as identifying the needs, preferences and blockers to use.
Collaborative forms of contract are categorized by users as relational contracts, which promote aligned purpose, continuous dialogue, good faith and cooperative attitudes, early warnings, risk and opportunity sharing within and early involvement of the supply chain and collaborative contracting targets.
TG 17 invites you to answer the questions in the attached survey and where possible, please elaborate your experiences and the needs, expectations and blockers where there is a free text option.
Please submit your entry using the online survey below by 31 March 2022. Where you prefer to elaborate in other than English, please feel free to do so in a language recognised in Deepl/Google Translate, in which case TG 17 will translate your input to English for further internal review. Do note that the translation will not be returned to survey participants for checking prior to use by TG17. Your answers and the fact that you have contributed to the survey will be received, stored and used only for internal discussions within TG 17 and FIDIC, and will be treated confidentially and according to the FIDIC Privacy and Cookie Policy.
The link is: FIDIC | Collaborative Contracting – Survey | International Federation of Consulting Engineers should anyone want to complete it.
