Simons is one of the region's best known contractors
It's been confirmed Lincoln based Simons has gone in to administration, putting nearly two hundred jobs at risk.
Simons Group is one of the country's most well-known regional contractors, first established in 1944.
It's claimed challenging trading conditions and contract delays has led to cashflow difficulties, forcing Directors to enter the business in to administration, including it's construction, development and design parts of the company.
Accountants FRP Advisory has been appointed administrator, it says an orderly wind-down of the business will now take place, meaning staff redundancies, with any live contracts transferred to new contractors.