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Preferred bidder for £200m Edinburgh tram extension

Preferred bidder for £200m Edinburgh tram extension

Edinburgh City Council has named the preferred bidder to deliver its £200m tram extension to Newhaven. A three-way joint venture between Farrans, Sacyr of Spain and Neopul of Brazil, is set to secure a £90m main works contract to design and construct the new route...
Skanska set for £282m upgrade to M42

Skanska set for £282m upgrade to M42

Skanska is understood to have won a £282m contract to upgrade the M42 at Junction 6 near Birmingham. Construction information specialist Glenigan said Skanska has landed the deal with work set to start next March and last three years. The scheme involves construction...
Keller profits crash amid global restructure

Keller profits crash amid global restructure

The world’s largest piling contractor Keller saw profits crash last year as a result of restructuring its businesses in Malaysia, Singapore, Brazil and South Africa. Pre-tax profit slumped to £8.4m last year from £110m previously while revenue rose 7% to £2.2bn....
London fit-out cartel lands £7m fine

London fit-out cartel lands £7m fine

Five office fit-out firms based in London and the Home Counties have been fined a combined £7m for cartel involvement. source https://www.constructionnews.co.uk/companies/supply-chain/legal/london-fit-out-cartel-lands-7m-fine/10040588.article
Bechtel sues HS2 over tender process

Bechtel sues HS2 over tender process

Bechtel has lodged a claim in the Technology & Construction Court against HS2 Ltd seeking damages for its failed bid for the £1bn Old Oak Common station contract.Bechtel has lodged a claim in the Technology & Construction Court against HS2 Ltd seeking...