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Decision to hand RICS boss six-figure bonus draws industry ire

By Jordan Marshall2021-05-11T05:00:00+01:00
Sean Tompkins in line to pick up more than £260,000 under group incentive plan
High-profile RICS members have again hit out at the organisation, criticising its decision to award its chief executive a six-figure bonus.
Sean Tompkins was given a £70,000-plus bonus in January despite the organisation claiming government furlough cash and making redundancies last year.
The scale of the bonus paid to Sean Tompkins could eventually top £260,000, the RICS’ latest report and accounts reveal
The group’s recently published remuneration report for the year to July 2020 reveal Tompkins was handed £73,911 in January this year as part of the group’s 2019/20 incentive plan. ....

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My big idea: Erland Rendall on the launch of a construction knowledge platform

By Jordan Marshall2021-04-22T05:00:00+01:00
Launching on Earth Day one of the goals is to enable clients to make informed sustainability choices around their projects
This week underlines how the climate crisis has become a central concern for governments and businesses alike, with Boris Johnson setting out more ambitious carbon cutting targets for the UK while president Joe Biden hosts a climate summit that coincides with today’s Earth Day, an environmental event that is attracting more attention than previous years.
Construction has arguably been slow to find joined up approaches to tackling carbon emissions, something Erland Rendall is keen to address. He is the founder of the new digital platform called GluIQ that he thinks can help clients find sustainable solutions for their building projects. ....

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Leading property experts call for radical overhaul of RICS after review chair steps down

The group’s spokesperson Stephen Hill said there was a culture of fear of speaking out because of the risk of disciplinary action
The group also includes the chief executive of regeneration developer Igloo and a former head of land and planning at housing association Southern Housing, as well as four university professors.
The overhaul would see a ‘public interest sounding board’ running parallel to the RICS’ governing council as a place for members and the public to voice concerns with the institution.
The sounding board, which the group described as a “new form of institutional accountability to the public”, would then provide direct feedback to the institution’s leadership. ....

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Independent Review of the Construction Products Testing Regime

To identify any potential weaknesses in the system and make recommendations for improvement, the government has commissioned an independent review of the system for testing construction products and has appointed Paul Morrell OBE and Anneliese Day QC to lead it.
The independent review will undertake a critical assessment of the system for testing and certifying construction products. It will examine how the current system can be strengthened, to provide confidence that construction products are safe and perform as labelled and marketed.
The review panel will submit a report to the Secretary of State for Housing, Communities and Local Government later this year. ....

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Construction minister pledges safety changes after Grenfell fire

Construction minister Anne-Marie Trevelyan has promised to push through fundamental changes to housing regulations following the Grenfell Tower fire.
Speaking at the NBS Construction Leaders’ Summit on Wednesday, Trevelyan said the government’s new Construction Playbook will require developers to focus on quality and safety rather than keeping costs down in the future. She said a new Building Safety Bill would enshrine new standards into law, which would lead to “greater accountability for those responsible for managing building safety risks”.
Trevelyan told the summit: “Nothing is more important that ensuring people are safe in their homes. We are determined to learn lessons from the Grenfell Tower fire, and bring about a fundamental change in both the regulatory framework and industry culture, creating a more accountable system.” ....

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