Has the Covid Affected the State of the British Construction Market?
As of 2023, the UK construction industry continues to grapple with uncertainties stemming from the ongoing Covid-19 pandemic. The CECA (Civil Engineering Contractors Association) and Build the UK have issued warnings about the industry, anticipating that it will continue to face severe and significant disruptions due to the Coronavirus.
Rupa Lakha, an industry expert, highlights that the construction sector has been navigating the pandemic under stringent safety, health, work, and movement restrictions. Paradoxically, the government has urged the industry to maintain operations throughout this challenging period. It’s worth noting that in January 2021, at the peak of the pandemic, the UK reported a staggering 59,937 new Covid-19 cases.
However, there has been a substantial decline in infection rates since then, with the current daily average standing at 5,766 cases. Market research conducted by HIS Markit indicates a gradual recovery in the construction industry. For those considering ventures within the construction sector, this moment presents an opportune time to engage in projects such as standalone homes and complexes. Real estate prices remain relatively low, given the persisting uncertainty surrounding the emergence of new virus variants, with the African variant being the latest and considered the most perilous.
Given this ongoing uncertainty regarding the virus’s impact on the construction sector, opting to hire construction machinery instead of purchasing it makes practical sense.
Choosing the right machinery and assessing costs:
Plant Hire Kent, a prominent UK-based company, offers a wide selection of construction equipment available for hire, including various diggers and dumpers, along with a range of attachments.
Digger Costs:
Purchasing new diggers (excavators) can put a significant strain on your finances. These machines are essential for excavating soil and other materials on construction sites. Opting for hiring is a cost-effective alternative. Plant Hire Kent provides diggers with operating weights ranging from 0.8 to 21 tonnes, with rates charged on an hourly basis. If you require an operator, expect additional charges. The company offers a diverse array of diggers from top brands like Doosan, Hyundai, Liugong, and more. Depending on the weight lifting capacity, purchasing a digger can cost anywhere from £71,500 to £36,000. For a 1-2 tonne excavator, hiring typically costs around £150 per day.
Dumper Costs and Considerations:
When it comes to dumpers used for transporting heavy materials on construction sites, renting is often a more cost-effective choice than buying. Rental charges are determined by the dumper’s carrying capacity, with additional fees for operator services. A 10-tonne dumper generally incurs higher rental charges compared to a 1-tonne model. Plant Hire Kent offers competitively priced dumpers, featuring models from Thwaites, a renowned international brand.
For your excavator and dumper needs, consider reaching out to FGS Plant Kent today, where you can explore a variety of options for hire to suit your specific construction requirements.