construction news
Osborne CEO: Industry ‘can’t afford’ to tackle late payment
Osborne chief executive Andy Steele has said the industry “can’t afford” to tackle late payment under the current market climate. source https://www.constructionnews.co.uk/companies/financial/osborne-ceo-industry-cant-afford-to-tackle-late-payment/10040835.article
Mace and Dragados confirmed for HS2 Euston station
HS2 has confirmed Mace and Dragados have signed contracts to deliver HS2’s Euston station. source https://www.constructionnews.co.uk/companies/clients/hs2/mace-and-dragados-confirmed-for-hs2-euston-station/10040895.article
Morgan Sindall lands 4,800-home maintenance contract
Morgan Sindall’s maintenance division has been awarded a five-year repairs and maintenance contract for St Albans City and District Council. source...
Interserve warns shareholders not to expect better deal
Interserve warned shareholders last night that it has run out of time to improve on the present rescue plan before a critical vote on Friday. The debt-ridden contractor also confirmed it had held talks with it rebel main shareholder, Coltrane Asset Management, about...
Lakehouse Contracts applies for administration
Lakehouse Contracts has applied to the High Court for an administration order. The Enquirer has seen documents detailing the application which is understood to have been granted yesterday. A number of subcontractors are known to have been pursuing claims against...
70 jobs at risk as electrical firm collapses
North Dorset-based Wessex Building Services has fallen into administration with over 70 jobs at threat. The electrical contracting firm forms part of the Wessex group of companies operating from a head office in Shaftsbury and a hub office near Bournemouth. The...
Driver killed after grab arm hits overhead power line
An infrastructure specialist has been fined £400,000 after a muck away driver was killed by an overhead power line strike. Luton Crown Court heard how, on 16 September 2016, Darren Waterman, a driver employed by Just Grab Services was unloading material at Fillets...
Morgan Sindall wins £30m St Albans homes upkeep
Morgan Sindall Property Services has secured a five-year repairs and maintenance deal covering St Albans City and District Council’s 4,800 homes. The contract will start from April with an option to extend it for a further 10 years. Its value over the full 15 years...
Interserve in last ditch efforts to woo hostile shareholder
Interserve has confirmed that it is in last-ditch talks ahead of Friday’s big vote to win over its biggest shareholder, which opposes the board’s deleveraging plan.Interserve has confirmed that it is in last-ditch talks ahead of Friday’s big vote to win over its...
Original contractor returns to Humber Bridge for cable inspection works
The Humber Bridge Board has handed Cleveland Bridge a 12-month contract to inspect cables on the 2.2km suspension bridge.The Humber Bridge Board has handed Cleveland Bridge a 12-month contract to inspect cables on the 2.2km suspension bridge.Read Full Article: The...

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