The consortium digging out the box for HS2’s Old Oak Common station is operating on a grand scale Client: HS2 Ltd Contract value: £1.67bn (entire station) Contract type: NEC Main contractor: Balfour Beatty Vinci Systra JV Suppliers: Select (tower crane), Expanded (excavation plan). Structural engineering design: WSP Concrete frame/substructure: Expanded…
Geoffrey Osborne Ltd has called in administrators from RSM Restructuring Advisory. Around 100 staff have been made redundant with immediate effect, the firm said in a statement. “A small number of staff will be retained to assist the administrators and continue discussion with possible investor partners with a view to…
Staff at Crane Building Services & Utilities (BS&U) in Hitchin, Hertfordshire, are holding a strike ballot over pay. The ballot opened on Thursday (18 April) among 105 workers – or 78 per cent of the firm’s 151 employees – and will close on 2 May, according to trade union GMB.…
Warehouse and logistics contractor Benniman improved its profit margin last year despite a 21 per cent fall in revenue. The firm’s annual accounts for the year ending 31 December 2023, published on the Companies House website on Wednesday (17 April), showed that turnover dropped from £164.7m to £129.8m. However, pre-tax…
Contractors will be able to claim an extension of time and costs if asbestos or unexploded bombs are unexpectedly found during a design-and-build job, under new changes to the JCT contract. The Joint Contracts Tribunal (JCT) yesterday (17 April) published a new edition of a standards document for design-and-build contracts,…
An online recruitment and retention platform for the construction industry is to remain in place, removing doubts over its future. The Construction Leadership Council (CLC) announced today (17 April) that its Talent Retention Scheme (TRS) will continue to operate. It said that a press release emailed to journalists the previous…
McGee Group’s pre-tax profit doubled in its most recent financial year, the company’s latest accounts show. The accounts – seen by Construction News but not yet posted on Companies House – show that the group generated revenue of £121.8m in the year ending 30 November 2023. This generated a pre-tax…
A County Durham-based glazing and aluminium facade specialist has entered administration, with the loss of all 43 employees. After activity at Architectural Glass and Aluminium Limited (ARGLA) came to a halt earlier this month, Gareth Harris and Lee Lockwood of RSM Restructuring Advisory were called in as joint administrators. ARGLA…
Structural steelwork specialist Taziker Industrial Ltd has posted a pre-tax loss despite an 18 per cent increase in turnover, its latest annual accounts have shown. Revenue for the year ending 31 March 2023 reached £87m compared with £73.5m the year before. Company directors attributed this increase partly to more work…
Ardmore is to deliver the second and final phase of a life science campus in King’s Cross, north London. The contractor was appointed by Reef Group, the developer of the 1 million square foot Tribeca campus that includes laboratories, housing, shops and restaurants plus public realm areas. Phase one of…
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