Construction news

• Aggreko invests £30m to kickstart green construction boom

  21-10-2021 17:53
  
  Temporary power specialist Aggreko is investing £30m in its fleet to make it greener.
  The Greener Upgrades initiative will help construction managers make the move to more sustainable temporary solutions on site.
  Aggreko has already pledged, by 2030, to reduce the diesel fuel used by customers by at least 50%, reduce local air quality emissions in its products by at least 50%, and achieve net zero emissions across its business operations.
  Initiatives include investment into new technologie
  
  Read more

• Naive QSs storing up trouble in chase for lowest bids

  21-10-2021 15:00
  
  Quantity Surveyors chasing lowest bids at all costs are storing up huge problems ahead for main contractors as they face potential supply chain failures.
  Experienced subcontractors have told the Enquirer that tendering for jobs at the moment is “like the Wild West”.
  Problems are being caused by inexperienced QSs accepting lowest bids from subcontractors without carrying-out even basic checks on the ability of firms to deliver.One modular specialist said: “It’s like it in
  
  Read more

• Mace chair Pycroft to stand down

  21-10-2021 13:00
  
  Mace Group Chair Stephen Pycroft will be standing down from his role in January after nearly 30 years at the firm.
  Mark Reynolds, Group Chief Executive, will take up a new role as joint Chair and Group Chief Executive of the business. Pycroft will continue to sit on the Mace Board and will remain a major shareholder.
  He joined Mace in 1993 and was appointed to the Board in 1995 before becoming Chief Executive in 2004.Pycroft led a management buyout of the then £90m turnover Mace in 2001 an
  
  Read more

• Vinci seals £77m Bristol student accommodation job

  21-10-2021 10:44
  
  Vinci Construction UK has confirmed the signing of a major student accommodation project in Bristol for the University of the West of England.
  Student Accommodation Project 3 at its Frenchay Campus is being hailed as one of the UK’s largest Passivhaus certified developments in the UK.
  SAP3 will span 280,000 sq ft and fit 900 bed-spaces in a mix of studios and four, six or eight-bed clusters.
  Once complete, the complex of buildings will operate at a 75% carbon reduction compared to tra
  
  Read more

• Advertisement

• London and North West labour rates rise for third month

  21-10-2021 08:14
  
  Skilled self-employed labour rates have risen for the third month running in London and the North West.
  Average weekly earnings for self-employed tradespeople in London increased by 1.8% to £938 during September while in the North West, earnings increased by 3.3% to £887. 
  According to the industry’s biggest employment contract services firm, Hudson Contract, the two areas have become pinch points for this skills shortage, while across the rest of country as a whole,
  
  Read more

• End of timber shortages in sight

  21-10-2021 07:52
  
  Near record-breaking softwood timber imports have replenished stocks to a level needed to meet the demand surge from construction.
  This brings the prospect of an easing in supply bottlenecks once ongoing delivery issues from a shortage of HGV drivers are resolved.
  According to the Timber Trades Federation more than 7 million m3 of timber and panel products were imported by the UK between January and July.This is nearly 2 million m3 above the same period in 2020, and half a million m3 above
  
  Read more

• Sheffield Hallam University’s £220m city campus gets nod

  21-10-2021 07:17
  
  First phase plans to develop Sheffield Hallam University’s city campus with three new buildings have got the green light from planners.
  Now BAM Construction will start construction work in early 2022 under its ground-breaking pain-gain sharing alliance model – the first genuine alliance to be used in the higher education building sector.
  The Hallam Alliance is made up of the university, design-led consultancy BDP-Arup, contractor BAM and facilities manager CBRE and will use
  
  Read more

• Laing O’Rourke on course for float after strong results

  21-10-2021 01:01
  
  Laing O’Rourke is on course with plans to take the UK’s largest private contractor public after unveiling a strong set of results for the year to March 31 2021.
  Latest figures show the group made a pre-tax profit of £41.4m from £45.5m despite the impact of Covid-19 as turnover ticked-up to £2.5bn from £2.4bn.
  Chief executive Ray O’Rourke is planning to list the business on the stock exchange within the next three years after turning the firm around follo
  
  Read more

• Advertisement

Follow @new_constructio on Twitter!