Construction news

• Moving in to new markets paying off for McLaren

  03-02-2023 15:33 via constructionenquirer.com
  
  McLaren Construction has returned to profit as moving into new markets pays dividends for the business.
  Latest results for the year ending 31 July 2022 show a pre-tax profit of £2m from a £12.4m loss last time as turnover increased to £751.6m from £541m.
  The upward trajectory is continuing this year with turnover forecast to hit £878m by the end of the current financial year in July.McLaren’s diversification strategy is paying off with growing business coming
  
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• Morgan Sindall wins £88m Beckton DLR depot upgrade

  03-02-2023 09:15 via constructionenquirer.com
  
  Morgan Sindall has secured with an £88m bid the job to build a major new train maintenance depot for the Docklands Light Railway in East London.
  The project to advance the major works programme at Beckton was delayed by the impact of Covid during the previous procurement phase when works were being packaged up.
  Now the programme is being tackled as a major contract with Morgan Sindall starting shortly.
  The rejigged project includes a new maintenance facility building including four sidings
  
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• Plan to add retentions record to payment reporting law

  03-02-2023 08:58 via constructionenquirer.com
  
  The Government has floated plans to force main contractors to publish their retention payment policies and release records in a raft of proposed reforms to existing payment reporting laws.
  The plan, which has just gone out to industry consultation, is being advanced to arm subcontractors and suppliers with information so they can decide who to trade with, negotiate fairer terms, and challenge late payment, according to Whitehall officials.Detailed prosposals include reporting:
  • the average
  
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• Hare and Severfield win £250m Sellafield deal

  03-02-2023 08:06 via constructionenquirer.com
  
  Sellafield’s project delivery team has selected William Hare and Severfield for a combined steelwork and cladding package of work worth nearly £250m over 17 years.
  The deal is the fifth key delivery partner supplier framework to be awarded by the partnership in a pioneering procurement model that uses Project 13-style integrated collaborative teams.
  The big procurement shake-up is being delivered by Programme and Project Partners (PPP), driving forward the clean-up of the Sellafield
  
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• Max Steward returns to head up ISG’s Agility fit-out arm

  03-02-2023 08:03 via constructionenquirer.com
  
  Max Stewart has returned to ISG after three years at London fit-out rival BW: Workplace Experts where he was managing director.
  Steward has taken up the role of managing director of ISG’s Agility business, specialising in the South East’s sub 50,000 sq ft fit-out market.
  Former Agility managing director Nick Oddy takes up a new role on ISG’s UK Fit-Out board to focus on strategic growth and diversification.
  (l-r)Max Stewart drafted in the lead diversification of Agility busines
  
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