construction news
CN Payment 100 – the best and worst payers revealed
The top 100 construction firms take an average of 43 days to pay their suppliers, while the average proportion of invoices not paid to terms is 28 per cent, a Construction News analysis has found. source...
Kier and Wates among 45 firms on £800m framework
Kier, Wates, Vinci and Engie are among the names to be included on a construction works and improvements framework, worth up to £800m. source https://www.constructionnews.co.uk/projects/kier-and-wates-among-45-firms-on-800m-framework/10041308.article
Green light for £450m Midland Metro extension
The West Midlands Combined Authority (WMCA) has given the final go-ahead for funding for the £450m Wednesbury to Brierley Hill Metro line.The West Midlands Combined Authority (WMCA) has given the final go-ahead for funding for the £450m Wednesbury to Brierley...
CMA opens new construction investigation
The Competition & Markets Authority is following up on suspicions of collusion and a breach of competition law in the construction services market.The Competition & Markets Authority is following up on suspicions of collusion and a breach of competition law in the...
Interserve client fears bigger hit on Glasgow waste plant
Waste company Viridor has upped the provision on its £72m claim against Interserve for remedial works and the late completion of its Glasgow recycling and renewable energy facility. The waste company remains confident it can still recoup compensation for late delivery...
Roof fall leads to £1.9m fine
A food manufacturing company has been fined nearly £2m after two employees fell through a fragile roof.A food manufacturing company has been fined nearly £2m after two employees fell through a fragile roof.Read Full Article: The Construction Index from All...
Fusion 21 names £800m framework partners
National procurement organisation Fusion21 has selected 45 firms for its national Construction Works & Improvements Framework. The framework estimated to be worth up to £800m over four years will be open to councils, education and healthcare clients. Around half...
Lakehouse creditors call for change of administrator
Subcontractors owed millions following the collapse of Lakehouse Contracts are calling for a change in administrator at the crashed company. Lakehouse went into administration on March 11 following months of complaints from suppliers over unpaid bills. CMB &...
£120m Stockport bus station scheme gains planning
Plans to transform Stockport bus station into a modern transport interchange with a roof top park above the bus station have gained planning. The £120m scheme also includes 17-storey tower of flats and offices, and a new cycle and pedestrian bridge to link the...
HS2 to beef up project control and cost management
HS2 is looking to appoint two firms to support commercial and delivery controls services on the £56bn scheme. Both firms will be signed up for four years initially with the possibility of extending the arrangement to eight years. HS2’s appointed programme...
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