Construction news

• Civils specialist M Lambe delivers record performance

  24-03-2023 09:18
  
  Midlands civil engineering contractor M Lambe Construction has bounced back to deliver a record financial performance just two years after slipping into the red during the height of Covid.
  The housing specialist lifted revenue by around 10% to £109m in the year to October 2022, generating a strong uplift in pretax profit to £6.1m compared with £1.7m in the prior year.
  This improvement raised cash at bank to £6m.The third-generation family business has operated for 40 year
  
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• Bid rigging: Keltbray to appeal and so could Squibb

  24-03-2023 09:10
  
  Keltbray is launching an appeal against its bid rigging fine from the Competition and Markets Authority and Squibb Group is considering similar action.
  Both were among ten firms fined nearly £60m by the CMA with Keltbray hit with a £16m fine and Squibb a £2m penalty.
  Keltbray said: “Keltbray strongly condemns anti-competitive practices and fully cooperated with the regulator’s enquiries throughout the investigation and agreed to settle.“As today’s releas
  
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• Ferns seals £50m+ Openreach network services deal

  24-03-2023 08:30
  
  Ferns Group has secured a place on the Openreach Network Services Agreement contract in Bristol, Wiltshire and Dorset.
  The Kent-based utilities reinstatement specialist has also landed the complex manhole contract, delivering half of the UK, exclusively in the South of England – a 3-year contract with a 2-year extension.
  Ferns has been working with Openreach for the last 12 months, developing its core offering as a new Tier 1 supplier using a direct labour model.The contract values combin
  
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• Retail contractor J M Scully files administration notice

  24-03-2023 08:17
  
  Dorset based contractor J M Scully has filed a notice of intention to appoint an administrator.
  The firm has been in business since 1983 and specialises in the retail, commercial and leisure sectors.
  Latest results filed at Companies House for the year to March 31 2022 show a turnover of £23m generating a pre-tax loss of £2.3m.The results were hit by a one-off project loss of £1.3m which prompted a full internal investigation and a change in strategy to only work with existing
  
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• Willmott Dixon clinches £60m Oxford Brookes University job

  24-03-2023 08:02
  
  Oxford Brookes University has picked Willmott Dixon to deliver two new teaching buildings on its Headington Hill campus.
  Procured using the Southern Construction Framework, the new buildings within a Grade II listed estate will house a new teaching block and faculty offices, alongside an engineering building.
  Designed by ADP Architecture, the buildings will provide a new home for the Faculty of Technology, Design and Environment
  Sustainable, flexible spaces for students, staff and researchers ha
  
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