Construction news

• Nmcn goes into administration

  04-10-2021 13:44 via constructionenquirer.com
  
  Nmcn is going into administration after the board decided the contractor is no longer able to continue trading as a going concern.
  A notice of intention to appoint Grant Thornton UK LLP as administrators has now been filed with the courts.
  The company was in the middle of a protracted £24m refinancing deal with Svella plc which was being held-up by the late publication of nmcn’s latest results for last year.A statement said: “The Board, its advisers and Svella have worked
  
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• Green light for £31m Leeds Victorian school conversion

  04-10-2021 12:49 via constructionenquirer.com
  
  Leeds-based developer Priestley Homes has been granted planning permission to transform a Grade-II listed former Victorian school in the city centre into an apartment and commercial scheme.
  The 2 Great George Street building will be renovated into 34 one-bedroom, 43 two-bedroom and six three-bedroom apartments – including the city’s first £1million-plus penthouses.
  A new-build, three storey glazed extension will be added to the rooftop of the building alongside a communal roof-
  
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• Track workers dive clear from train after safety blunder

  04-10-2021 08:57 via constructionenquirer.com
  
  Two track workers had a near miss from a passenger train following a mix-up over line possession.
  A Rail Accident Investigation Branch report into the incident in July detailed the circumstances behind the near miss at Eccles station.
  The workers were on the westbound track in the early hours under the protection of a line blockage organised by the Controller of Site Safety (COSS).The pair had been standing on the track to paint a white line along the edge of Platform 2 and had just been told to
  
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• Construction arm loss drags on Eric Wright profit growth

  04-10-2021 08:56 via constructionenquirer.com
  
  Eric Wright Group battled through the pandemic to deliver a 24% rise in pre-tax profit to £9.5m last year despite also wearing ongoing small losses at the construction arm.
  Overall group turnover decreased from £223m to £204m, with construction accounting for most of the fall as revenues at the business dropped 28% to £81m.
  Losses at the construction arm were contained to £650,000 last year, improved from losses of £2.8m in 2019 and £2.5m in 2018.The con
  
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• Construction arm loss drag on Eric Wright profit growth

  04-10-2021 08:56 via constructionenquirer.com
  
  Eric Wright Group battled through the pandemic to deliver a 24% rise pre-tax profit to £9.5m last year despite also wearing ongoing small losses at the construction arm.
  Overall group turnover decreased from £223m to £204m, with construction accounting for most of the fall as revenues at the business dropped 28% to £81m.
  Losses at the construction arm were contained to £650,000 last year, improved from losses of £2.8m in 2019 and £2.5m in 2018.The constr
  
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• Network Rail to shake-up £9.6bn southern renewals delivery

  04-10-2021 08:47 via constructionenquirer.com
  
  Network Rail is aiming for a radical shake-up in the way renewals are delivered across its large southern region by appointing a new integrated collaborative team of firms to deliver a vast works programme over 10 years.
  The fresh delivery approach will involve a switch to integrated and collaborative Project 13 principals of delivery for an estimated work programme of £4.5bn to £9bn over Control Period 7 and 8.
  Its new Southern Integrated Delivery model will be used to deliver all c
  
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• Union raises safety fears over HS2 site

  04-10-2021 08:38 via constructionenquirer.com
  
  Construction union Unite is raising safety concerns after it claims a spate of serious accidents have hit the HS2 section being delivered by the Skanska/Costain/ Strabag (SCS) joint venture in London.
  The union has been involved in a long running dispute with the contractors over worker representation on the job where it said Unite officials are not allowed “to freely speak to workers during their breaks in its welfare facilities.”
  Recent alleged accidents include a worker suffering
  
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• Nmcn confirms another delay in releasing results

  04-10-2021 08:17 via constructionenquirer.com
  
  Nmcn will miss its latest deadline to published delayed results which are necessary to secure a refinancing deal.
  The contractor released its latest refinancing time frame last month which involved publishing a prospectus by November 1 which would require results for the year to December 31 2020 being signed-off before then.
  But the firm issued an update on Friday afternoon confirming it will miss the deadline.Nmcn said: “Further to the announcement of 24 September 2021, the company has be
  
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