Manchester-based project manager and cost consultant, DBK, has launched an insolvency service aimed at the construction sector.
Alan Jennions has joined from Naismiths' Leeds office to head up the new team. He will work across the company's six UK offices.
Duncan Berry, principal director of DBK, commented: "The people who currently have the lion's share of the construction insolvency market were at the height of their careers during the last recession. Not only has the market changed in the past 15 years, but this recession is markedly different from the last."
DBK is also offering health checks and contract reviews to developers and contractors.
Jennions said: "2009 is going to be a very turbulent year for the development and construction industry, but it's my aim that the new insolvency team at DBK will be working right in the thick of it. The team's extensive experience in fund monitoring, project management and valuations means that we are perfectly placed to become a leading national player in construction insolvency work.
"We believe our main competitors are not truly national in geographical terms, so with a large professional team, offices across England and Wales and a strong reputation in the cost consultancy market, we are very optimistic about the amount of instructions that could come our way."