Construction news

• ISG, Amey and Costain now industry’s quickest payers – list

  01-02-2023 12:07 via constructionenquirer.com
  
  ISG, Amey and Costain now rank as construction’s fastest-paying main contractor settling subcontractor and supplier invoices in less than 20 days.
  But latest returns from submissions to the Government’s Duty to Report on Payment Practices and Performance indicate there could be early signs that rampant cost inflation is starting to have an impact on speed of payments from main contractors as a whole.
  The top 43 main contractors are taking on average nearly 32 days to pay, just over a
  
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• Gilbert Ash lands starring role in £38m Welsh theatre revamp

  01-02-2023 09:10 via constructionenquirer.com
  
  Gilbert Ash has been confirmed as main contractor for the £38m overhaul and expansion of Theatr Clwyd in Mold.
  Flintshire County Council has appointed the firm for the project to upgrade the 1970s-built complex with work set to start this year.
  The 45-year-old theatre will be extensively refurbished and repaired, along with significant improvements to deliver a more energy-efficient building.This will bring large savings on gas, electricity, and water costs, and make better use of resource
  
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• Keltbray director joins Barhale as North East chief

  01-02-2023 09:05 via constructionenquirer.com
  
  Civil engineering specialist Barhale has brought in Mark Wood to lead its operations in Yorkshire and North East England.
  He will take up the position of regional director after four years as programme director at Keltbray.
  Previously, Wood held senior positions at TXM Plant and at Balfour Beatty where he spent 22 years of his career.
  He will take overall responsibility for developing Barhale’s portfolio of work in Yorkshire and the North East across transport, energy, water and the built
  
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• Property clients to ramp up spending on decarbonising

  01-02-2023 08:52 via constructionenquirer.com
  
  Almost half of property companies are planning to raise investment into carbon reduction this year to avoid being lumbered with distressed assets.
  According to a survey by the British Property Federation of boardroom directors, 49% plan to accelerate the delivery of their net-zero programmes over the next twelve months.
  A further 28% expect to maintain investment at its current level. Just 2% expect to scale back delivery.London remains the chief property investment destination for leaders, with
  
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• Wates names new chief executive

  01-02-2023 08:36 via constructionenquirer.com
  
  Wates Group has stepped outside of the construction industry to find its new chief executive Eoghan O’Lionaird.
  O’Lionaird, 56, will join Wates next month from his previous role as chief executive at Stock Market-listed marine services company James Fisher and Sons.
  He spent three years at James Fisher headquartered in Barrow-in-Furness, Cumbria. Before that worked as group director at global instrumentation and software provider Spectris.Cork-born O’Lionaird will be based in W
  
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• Major London City building green deep retrofit approved

  01-02-2023 08:06 via constructionenquirer.com
  
  Belgian developer Atenor has been given the green light for its first UK project after City of London gave the go-ahead for a deep retrofit of Fleet House.
  Designed by architect HOK, the project will provide nearly 80,000 sq ft of highly sustainable workspace in the City.
  It is Atenor’s first project as it eyes further expansion into the UK.A 1950s office block and pub next Fleet Street will be remodelled and raised to create a new 11-storey office building with greater energy performance
  
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• Vast £500m British Library expansion go-ahead

  01-02-2023 08:03 via constructionenquirer.com
  
  Joint venture developers Stanhope and Mitsui Fudosan UK have got the thumbs from local planners for an 800,000 sq ft extension to the British Library site near St Pancras in London.
  Before the £500m development for the site at the rear of the existing building can proceed the London Mayor will have also to give his final verdict on the plan.
  Architect Rogers Stirk Harbour + Partners and engineer Arup have drawn up the plans. These include around 100,000 sq ft of new space for the British L
  
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