Balfour Beatty

Balfour Beatty has asked group chair Philip Aiken to remain in post longer than planned. The contractor announced in December that Aiken would step down from the role at its AGM in May but, in a market statement last week, it revealed that this will no longer be the case.…

Balfour Beatty has landed a £52m contract for HS2’s phase 2a. The contractor has won the early environmental works contract for the route between Birmingham and Crewe – the first to be signed since parliament approved the leg in February. Works involve creating new woods as wetlands as part of…

Construction firms have paid more than £290m in apprenticeship levy contributions, Construction News can reveal. This month marks four years since the tax was introduced on companies with a wage bill above £3m. It is charged at 0.5 per cent of an employer’s annual pay bill. The levy applies to…

Balfour Beatty is the preferred bidder to deliver a new £130m student village for Royal Holloway, University of London. The contractor’s investment arm is also putting up 85 per cent of the equity to fund the scheme as part of a design, build, finance and operate agreement, with the university…

Balfour Beatty and Mace are among the major organisations to adopt a new prequalification standard that promises to cut paperwork for suppliers. The new Common Assessment Standard (CAS) requires suppliers to obtain just one prequalification certification before tendering for work. This represents a shift from the previous system where different…

Bechtel has been ordered to pay costs to a Balfour Beatty / Vinci / Systra (BBVS) joint venture after failing in its legal challenge over the award of the £1.3bn HS2 Old Oak Common station contract. Bechtel lost out on the station-build contract, which was awarded to BBVS in February…

National Grid has picked nine contractors for its forthcoming £1.5bn RIIO-2 electricity construction EPC framework. Balfour Beatty, Morgan Sindall, Murphy and Babcock are among the winners on the new framework, which will cover the design, engineering, manufacture, supply, project management, construction and erection and commissioning of various aspects of the…

Balfour Beatty’s chief executive has told Construction News he is not worried about the resilience of the supply chain in 2021, but sounded a warning on materials availability. Speaking after the company’s full-year results release yesterday, Leo Quinn said he was “not that concerned” about the health of subcontractors and…

Balfour Beatty has managed to bounce back from the half-year loss posted in June to report a full-year profit for 2020. A turnaround in the UK business helped the group to reverse the loss and go ahead with the reinstatement of its dividend. The firm also U-turned on its furlough-grant…

Balfour Beatty, Hinkley Point C and the Unite union have begun talks to agree training standards for new operatives, following a dispute concerning electricians. Electricians recently protested inside the offices of EDF, the client on the nuclear power project, over training plans that would have new engineering construction operatives carry…