Business
COVID-19 Update
COVID-19 Update.
About this update from Galliford Try Holdings Plc
[{"type":"text","content":"\n \n \n RNS Number : 1332I\n Galliford Try Holdings PLC\n 31 March 2020\n \n \n \n \n GALLIFORD TRY HOLDINGS PLC\n \n \n COVID-19 UPDATE\n \n \n 31 MARCH 2020\n \n \n \n \n \n Galliford Try, one of the UK's leading construction groups, provides an operational update on the impact of the Covid-19 pandemic on its business and the measures it is taking in response.\n \n \n The health and safety of our staff, subcontractors, suppliers, clients and the public is paramount, and in compliance with Government guidance we are implementing additional measures to protect and mitigate risk. \n \n \n Management response\n \n \n Across the Group we are working with the NHS and others to assist and support them to increase capacity to meet the current challenges and immediate needs.\n \n \n In accordance with Government advice on construction works and the Standard Operating Procedures issued by the Construction Leadership Council, we have risk assessed every one of our construction sites and modified or curtailed site activities to ensure that no work is undertaken if we are unable to fully comply with the hygiene and social distancing guidelines or if our people cannot travel safely to work. Sites that remain operating do so under the strictest of parameters, as set out by the Construction Leadership Council, in conjunction with our own rigorous risk assessments. In addition, where specific client instructions have been received, we are carefully managing temporary closure of sites to leave them in a safe state whilst they are closed.\n \n \n Where projects are temporarily suspended, we are planning for the speedy resumption of works as soon as conditions allow. We are continuing to monitor the situation and liaise with our clients, and support our supply chain, on all projects. \n \n \n We have already taken a number of actions to manage costs in the business and conserve cash, and we will continue to review our resources to match business requirements. The business expects to make use of the Government Coronavirus Job Retention Scheme and other measures announced by the Government in response to the pandemic. The Group is committed to fully supporting all staff and has implemented furloughing of personnel where appropriate. \n \n \n The scale and duration of disruption to our activities, and...