Construction news

• KPMG fined £14.4m for Carillion audits

  25-07-2022 11:19 via constructionenquirer.com
  
  The Financial Reporting Council has fined KPMG £14.4m for providing “false and misleading information” during the watchdog’s investigation into audits of Carillion and Regeneris.
  A former KPMG partner and four former employees were also fined and the accounting giant was ordered to pay a further £3.95m in costs.
  The ruling stated: “The seriousness of the misconduct that we have found proved scarcely needs explanation. Effective audits are essential to the fina
  
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• PfH starts race for £950m housing decarbonising deal

  25-07-2022 09:04 via constructionenquirer.com
  
  Procurement for Housing is on the hunt for contractors, suppliers and consultants to bid for places on a panel to deliver decarbonisation and retrofit solutions for housing associations.
  The procurement body has designed the new dynamic purchasing system to help its 900 social landlord members deliver energy efficiency upgrades.
  The 5-year framework offers covers England Wales and Northern Ireland and has been broken down into nine service-specific lots covering work pipelines from £50m to
  
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• Shop owner fined £1m after spark suffers serious burns

  25-07-2022 08:28 via constructionenquirer.com
  
  A retail company and an electrical contractor have been fined after an electrician suffered serious burns to 15% of his body when he was caught in an explosion at a warehouse in Liverpool.
  On 22 September 2018, an electrician was using a metal spanner to repair an electrical fault at B&M Retail Ltd warehouse, in Speke.
  The spanner he was using came into contact with a live busbar linked to the power distribution causing an electrical explosion.The 35-year-old electrician sustained serious in
  
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• Industrial and civils work to drive 1.6% growth in 2023

  25-07-2022 08:14 via constructionenquirer.com
  
  Construction output growth is forecast to slow next year, but will still rise by 1.6%.
  While private housing growth is expected to drop to 1%, continued strong expansion in industrial and infrastructure sectors will buoy up the industry after enjoying a predicted 2.5% expansion in 2022.
  According to the latest CPA construction forecasts, the industrial sector, which covers activity on warehouses and factories, is forecast to be the fastest growing sector in the next two years.CPA Summer construc
  
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• NG Bailey lands £60m deal with battery giant

  25-07-2022 08:12 via constructionenquirer.com
  
  NG Bailey has landed its latest contract with battery cell technology pioneer and manufacturer, Britishvolt.
  NG Bailey will start on site later this year on a £60m construction, mechanical, electrical and plumbing services package at Britishvolt’s new £200m tech centre in the West Midlands.
  Winvic is main contractor on the Hams Hall site  just outside Birmingham where Britishvolt is working in partnership with logistics real estate operator Prologis.NG Bailey is already wo
  
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• Suppliers sound cash fears over O’Keefe rescue by Byrne

  25-07-2022 08:09 via constructionenquirer.com
  
  Subcontractors and suppliers who supported O’Keefe Group through its recent cash flow crisis fear their outstanding invoices will now go unpaid by new owner Byrne Group.
  Byrne confirmed last week that it had bought the properties and plant of O’Keefe Group and established new companies O’Keefe Construction (Byrne Group) Limited and O’Keefe Demolition (Byrne Group) Limited.
  O’Keefe’s supply chain has been left in the dark about how they stand but the Enquirer c
  
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• Outline plans in for 2,000 flats Leeds landmark scheme

  25-07-2022 08:03 via constructionenquirer.com
  
  Developer Caddick has submitted plans for a new landmark development in Leeds to be built at the emerging South Bank neighbourhood.
  The Yorkshire developer aims to build nearly 2,000 homes, alongside 650,000 sq ft of offices, retail, leisure and community uses, as well as a new linear park along Sweet Street.
  The brownfield site, which is located just off Meadow Road to the South of the city centre is currently used as a temporary car park, will be called City One Leeds.
  Caddick’s masterpl
  
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