We have created a review of 2024 and take a look ahead at what’s to come in 2025. We’ve highlighted new resources and benefits available to members and detail the initiatives and guidance that we are implementing to support members in 2025 and beyond.
FIS Chief Executive Iain McIlwee, said: “Running a business in construction in the 2020s is not for the faint-hearted.
“The challenges are indeed significant, with high levels of insolvency reflecting the seismic shifts within the industry. The recent failure of ISG underscores the urgency of addressing these systemic issues.
In response to these challenges, FIS has launched its manifesto, ‘A Blueprint for Better Construction’, which was presented to the new government. This document outlines a clear set of requests aimed at improving procurement processes and fostering a more stable investment climate within the supply chain. The manifesto not only serves as a guiding framework but also as a call to action for both government regulators and procuring authorities.
FIS’s “Responsible No” campaign further supports this initiative by empowering members to demand better practices in procurement. By uniting the community and identifying irresponsible requests, FIS is fostering a collective effort for change in the industry.
Additionally, FIS has continued to provide a steady flow of technical guidance in 2024, launching a new e-Learning Hub to improve accessibility to resources. They are actively addressing common compliance issues, providing solutions, and setting a standard approach, as evidenced by the FIS Walls as a System Guide. Their commitment extends to bolstering legal support with enhanced helplines and a subsidized contract and insurance review service.
Recognising the importance of insurance in construction, FIS has collaborated with the insurance sector to address concerns regarding contract amendments that could undermine professional indemnity insurance. This proactive approach highlights the organisation’s dedication to its members’ long-term stability and success.
Former FIS President Philip Brown emphasised the importance of advocating for SME contractors, stating that the Reading Report published in 2023 marked a turning point. FIS’s reputation as a technical authority is further solidified through academic research that provides a robust foundation for its advocacy efforts.
For those looking to delve deeper into these initiatives and understand how FIS is supporting its members in these challenging times, a detailed annual review is available.
We invite you to access this valuable resource to fully grasp the extent of FIS’s commitment and the tools at your disposal.
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