A building contractor going bust in the middle of a contract is a nightmare scenario. Companies do not like taking over the work of others and completing it. Not only can it cause long delays, but it can get horrendously expensive. It can be very challenging just to find someone prepared to take this on.I am in support of the project.
On any analysis this is a one off project given that the cost is £2 million plus.
One concern I have is that the contractor company has a very weak balance sheet.