construction news
New lobbying group launched for major contractors
The National Federation of Builders has formed a Major Contractors Group to represent larger companies. The NFB Major Contractors Group will initially consist of more than 30 companies with turnovers greater than £40m. Group leaders are hoping to have the ear of...
Contractors call on Scottish councils to protect retentions
Analysis of a survey on retentions has prompted the Specialist Engineering Contractors’ (SEC) Group to urge local authorities to protect money belonging to SMEs in their supply chains.Analysis of a survey on retentions has prompted the Specialist Engineering...
Giant potash mine project unveils £2.9bn funding package
Potash mine developer Sirius Minerals has launched a funding deal for one of the country’s largest construction projects. The debt and equity deal will raise £2.9bn and guarantee the progress of infrastructure work at the giant site in Yorkshire. Announcing the...
Balfour Beatty set for Midland Met finishing deal
Balfour Beatty looks set to seal the deal to complete Carillion’s Midlands Metropolitan Hospital within the £267m finishing budget. The firm is the sole bidder for the project and is in competitive dialogue with Sandwell and West Birmingham Hospitals NHS trust....
Six share £750m Network Rail signalling deals
Network Rail has awarded a £750m package of framework contracts to deliver signalling and telecoms across the country for control period 6. The regional frameworks will deliver projects of varying value, including stand-alone level crossings, stand-alone major...
Robot gas main repairs rolled-out across London
Gas distribution network giant Cadent is rolling-out its robot repair programme across London. Cadent has pioneered the use of “gas-bots” in repairing underground mains without the need for excavations. Following trials in Oxford Street and The Strand last...
Morgan Sindall starts main build on £64m sports centre
Morgan Sindall will start main construction work this week on Liverpool John Moores University’s landmark new development on Copperas Hill. The £64m project will transform the disused site into a state-of-the-art new Sports Building, a five-storey Student Life...
Late-paying construction companies suspended from Prompt Payment Code
A host of companies, including Balfour Beatty, Costain, Interserve and Laing O’Rourke, have had their membership of the Prompt Payment Code suspended for consistently shafting their suppliers.A host of companies, including Balfour Beatty, Costain, Interserve and Laing...
Scottish rental market secures £30m investment
The Scottish government is to lend money for the construction of 1,800 additional homes for long-term rent.The Scottish government is to lend money for the construction of 1,800 additional homes for long-term rent.Read Full Article: The Construction Index from All...
Construction forecasts downgraded again – except for warehouses
Continuing uncertainty over the UK’s withdrawal from the European Union has prompted the Construction Products Association to downgrade its forecasts for UK construction activity once again.Continuing uncertainty over the UK’s withdrawal from the European Union...
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