The impacts of COVID-19 now are generating productivity losses of about 35% on U.K. construction projects, according to a new study by research consultant Turner & Townsend, based on data from 70 medium-sized commercial jobs.
In a late June report, the Leeds, England-based cost and capital investment consultant said based on projects studied, it modeled that one valued at about $24.6 million with an average 20% productivity loss now faces up to a 35% loss that could generate a construction delay of up to 32 weeks and $738,200 in preliminary cost increase.