Construction news

• J S Wright bags £3.5m Bristol package

  09-03-2022 17:16 via constructionenquirer.com
  
  Mechanical and electrical building services specialist J S Wright has secured a £3.5m contract for a new harbourside development in Bristol.
  The company will design and build the mechanical services for 142 high-quality apartments on a long-derelict site at McArthur’s Yard on Gas Ferry Road in the city’s historic dock area.
  The £36 million project led by award-winning housebuilder Hill in association with leading housing provider The Guinness Partnership will deliver a mi
  
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• Berkeley moves forward with new Guildford quarter plan

  09-03-2022 15:34 via constructionenquirer.com
  
  Guildford Borough Council and the St Edward joint venture between The Berkeley Group and M&G Real Estate have exchanged contracts to develop the North Street site in the town Centre.
  It will be the first step to deliver the new Friary Quarter neighbourhood of 500 homes and ground floor retail, leisure and amenity space.
  A new planning application is expected to be submitted this summer with construction commencing 12 months later.Councillor John Rigg, responsible for regeneration at Guildfor
  
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• Procurement and project delays hamper Kier recovery

  09-03-2022 09:21 via constructionenquirer.com
  
  Procurement delays and project completion timing slowed Kier’s recovery in the first six months with revenue slipping 5% to £1.5bn.
  A strong profit performance from the property business helped to offset a sharp fall in operating profit at construction as the group reported pre-tax profit at £12.7m, up from £9m previously.
  Overall adjusted operating profit was slightly up at £54m with operating margin improved at 3.5%.As anticipated, Kier experienced a free cash out
  
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• TClarke order book soars to record £543m

  09-03-2022 08:34 via constructionenquirer.com
  
  Building services specialist TClarke started the year with a record order book worth £534m after a strong performance in the second half of last year.
  Announcing bumper results, chief executive Mark Lawrence set the business was now firmly in expansion, widening it horizons to win large projects outside of London and targeting data centre and healthcare work.
  Lawrence said: “The business is in excellent shape having finished 2021 on a high and delivering the first year of o
  
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• Costain cuts losses to £13.3m as bid teams overhauled

  09-03-2022 08:33 via constructionenquirer.com
  
  Costain cut pre-tax losses to £13.3m in 2021 from £96.1m last time as historic problem jobs were purged from the books and contract bidding and delivery processes overhauled.
  The disastrous Peterborough & Huntingdon gas station job saw a final settlement with National Grid of £43.4m which dragged reported figures down.
  Chief executive officer Alex Vaughan is confident a revamped Costain can take advantage of growing infrastructure opportunities as the market continues to ev
  
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• Kier triumphs on £700m MAG airports framework – full list

  09-03-2022 08:05 via constructionenquirer.com
  
  Kier has swept thew board on Manchester Airports Group’s £700m capital works framework securing places on all 12 lots for the next five years.
  The other big winner on the framework renewal, which covers planned works at three airports, was BAM which secured places on the six higher value lots for projects over £10m.
  The remaining spots on the multi-lot framework were shared between a dozen other contractors, including Galliford Try, Vinci, Farrans Tarmac and Murphy.
  The MAG con
  
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• Kier triumphs on £700m MAG airports framework

  09-03-2022 08:05 via constructionenquirer.com
  
  Kier has swept thew board on Manchester Airports Group’s £700m capital works framework securing places on all 12 lots for the next five years.
  The other big winner on the framework renewal, which covers planned works at three airports, was BAM which secured places on the six higher value lots for projects over £10m.
  The remaining spots on the multi-lot framework were shared between a dozen other contractors, including Galliford Try, Vinci, Farrans Tarmac and Murphy.
  The MAG con
  
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• Value-engineered HS2 Euston station design revealed

  09-03-2022 01:01 via constructionenquirer.com
  
  HS2 has revealed fresh concept designs for the Euston terminus based on a less complex, more efficient, 10-platform station that can now be built in a single stage.
  Mace Dragados JV, HS2’s station construction partner, has worked with the design consortium of Arup, WSP and Grimshaw Architects to refine and value engineer the design to reduce costs.
  Original concept HS2 Euston station design.
  The original arched station roof has been swapped for an easier-to-build geometric roof design that
  
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