Archive for August, 2017

Quintain spending £1m a day at Wembley Park

Quintain spending £1m a day at Wembley Park

30/08/17

Quintain has now invested more than £1bn on its 34-hectare Wembley Park build-to-rent development and is set to spend another £2bn over the next five years. The developer is spending money at a rate of £1m a day on construction work there, making it one of the UK’s biggest construction sites. At the peak of […]

Mersey Gateway Bridge set to open early

Mersey Gateway Bridge set to open early

25/08/17

The new Mersey Gateway Bridge could open to traffic as early as mid-September after the construction consortium building the new bridge re-assessed the programme for the remaining works. This will mean the six-lane toll bridge project is opening ahead of time and within budget after a three-and-a-half-year construction programme that has seen major roads across Widnes and […]

Winners revealed on Cambridgeshire's £700m design & build framework

Winners revealed on Cambridgeshire’s £700m design & build framework

25/08/17

The framework is divided into five lots, by value of projects to be undertaken. Many contractors appear in multiple lots but only Kier appears in all of them. The framework will be used to procure contractors to deliver projects primarily in the education sector, but will also include schemes in social care, health, blue light […]

Balfour Beatty wins Hinkley Point C tunnels contract

Balfour Beatty wins Hinkley Point C tunnels contract

21/08/17

The contractor has been named as the preferred bidder for Hinkley’s tunnelling and marine works package, which will deliver up to 9.5 km of tunnels to form the cooling system for the new reactor. The four-year package will see three 7 m-wide tunnels bored underneath the surrounding area both onshore and offshore. The scheme is […]

Multiplex inks £240m deal for Jenga tower

Multiplex inks £240m deal for Jenga tower

21/08/17

Multiplex has signed a £240m contract to build the luxury AYKON London One tower in central London. Developer Nine Elms Property Ltd – a wholly-owned subsidiary of DAMAC International -chose Multiplex after an earlier agreement with Lendlease fell through. The 50-storey tower building has been dubbed the Jenga tower due to its distinctive stepped design. […]

Crossrail confirms £1bn extra cost of major contracts

Crossrail confirms £1bn extra cost of major contracts

14/08/17

Crossrail has revealed cost overruns of £1bn on completed major contracts on the job. A Freedom of Information request on behalf of the Sunday Timesproduced the spreadsheet below detailing the initial costs and final price of 43 completed tier one contracts on the project. Crossrail has awarded 65 tier 1 contracts to deliver the new £14.8bn […]

Full list of 29 winners revealed for £1bn YORcivil2 framework

Full list of 29 winners revealed for £1bn YORcivil2 framework

14/08/17

Twenty-nine civil engineering firms have won places on the new £1bn YORcivil2 Contractors Framework. The replacement for the originalYORcivil framework will deliver civil engineering schemes including major flood defence projects, surfacing and coastal schemes for the Yorkshire and Humber region’s local authorities and other public sector bodies. YORcivil2 consists of two sub-regional frameworks covering the […]

Google gets green light for £1bn King’s Cross HQ

Google gets green light for £1bn King’s Cross HQ

14/08/17

Internet giant Google has been given the green light by planners to build its new £1bn headquarters at King’s Cross in London. Camden Council’s planning committee approved the deal last night. Main contractor Lendlease will start on site next year on a contract believed to be worth around £350m. The 11-storey building will be more […]

Construction forecasters downgrade 2018 growth rates

Construction forecasters downgrade 2018 growth rates

14/08/17

Forecasters at the Construction Products Association (CPA) predict industry growth of 0.7% next year compared to previous estimates of 1.2%. The downgrade is due to a combination of Brexit, the slowing economy, falling real wages and rising costs. Output is still on course to rise by 1.6% this year – a revision upwards from 1.3% […]

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