Construction news

• WOODSmith Construction achieves Elite safety standard

  21-09-2022 21:17 via constructionenquirer.com
  A North East construction firm has achieved a top industry health and safety accreditation.
  Teesside-based WOODSmith Construction Group, which forms part of The SDDE Smith Group, has been awarded the highest Elite level of CHAS accreditation.
  CHAS (The Contractors Health and Safety Assessment Scheme) is one of the highest regarded safety schemes in the industry and Elite accreditation is the highest and most comprehensive level of the scheme.
  To achieve accreditation, the firm had to report its
  
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• Wates wins £53m Grade II London office revamp

  21-09-2022 15:36 via constructionenquirer.com
  International real estate developer Pembroke has signed up Wates to undertake a £53m refurbishment and extension of a grade II listed former bank HQ in London’s square mile.
  Wates Construction is returning to the 41 Lothbury site 18 years after completed its original refurbishment.
  The 130,000 sq ft office building was originally built to serve as the headquarters for Natwest bank.The Edwardian building features heritage assets including iconic stone columns, an original checkerboard
  
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• Plan detailed for business energy price cap

  21-09-2022 15:13 via constructionenquirer.com
  Construction firms have welcomed Government plans to cap until March gas and electricity costs for businesses.  but warned that more must be done to unleash growth to secure the economy.
  Under the plan, electricity prices for UK businesses will be capped at £211 per megawatt hour, and gas prices at £75 per megawatt hour.
  The plan comes into action from 1 October and is expected to cost tens of billions of pounds.
  The savings will be first seen in October bills, which are typica
  
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• National Highways director to lead Balfour civils business

  21-09-2022 11:33 via constructionenquirer.com
  Balfour Beatty has appointed Peter Mumford as Managing Director of its UK Construction Regional Civils business.
  Mumford joins Balfour Beatty from National Highways where he was Executive Director of Major Projects and Capital Portfolio Management, leading the delivery of the UK Government’s £27 billion Road Investment Strategy.
  Prior to that Mumford held a number of senior consultant roles including Vice President at HKA and Senior Director at AECOM.Mark Bullock, Chief Executive Off
  
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• Woodmace went down owing suppliers £11m

  21-09-2022 09:08 via constructionenquirer.com
  The collapse of civils, groundworks and concrete frame specialist Woodmace has left suppliers holding £11m in unpaid bills.
  The full extent of debts owed to the supply chain was revealed in an administrator’s report filed at Companies House.
  Subcontractors and suppliers are unlikely to receive a penny for their invoices despite the company being bought out of administration by its founder and former owner John Oak.Woodmace went into administration in July following a cash flow crisis
  
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• Galliford Try checks cost pressures to lift margin to 2.4%

  21-09-2022 09:05 via constructionenquirer.com
  Galliford Try has checked inflationary headwinds to deliver increased revenue and profitability growing operating margin to 2.4%.
  Revenue in the year to June rose 10% to £1.24bn driven by steady growth in infrastructure as the AMP7 water sector investment period gathered momentum.
  Pre-tax profit halved to £5.4m due to £14m of exception costs relating to the purchase of contractor nmcn in October 2021 for a £1 and investment in a new cloud-based computing system.But underl
  
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• Police hand over probe into Costain site death to HSE

  21-09-2022 08:13 via constructionenquirer.com
  The investigation into the death of a slinger signaller at the £150m Gatwick Airport train station scheme where Costain is main contractor has been handed over to the HSE.
  Marius Badiou died on 21 July 2022 during a lifting operation at the Gatwick Railway Redevelopment Project at Gatwick Airport.
  A joint investigation was launched with and led by the British Transport Police. The police have concluded their investigations and HSE will now lead the case.The investigation will determine if
  
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