Construction news

• Squibb confirms appeal against bid rigging fine

  30-03-2023 11:49 via constructionenquirer.com
  
  Squibb Group has confirmed it will be appealing against its bid rigging fine from the Competition and Markets Authority.
  Keltbray is also launching an appeal after ten firms were fined nearly £60m by the CMA with Keltbray hit with a £16m fine and Squibb a £2m penalty.
  Squibb said: “Squibb Group announces that following the publication of a press notice by the Competition and Markets Authority on 23 March 2023 and, after consultation with its lawyers and its other advisers
  
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• Bigger projects help Wates hit record turnover

  30-03-2023 09:05 via constructionenquirer.com
  
  Wates Group saw turnover hit a record high of £1.89bn in 2022 from £1.63bn last time delivering a pre-tax profit of £33.7m across the business.
  The revenue jump was helped by a focus on larger projects at the main construction division where the average project size hit its highest ever level of £43m.
  The year also saw Wates sign its largest ever construction deal at the £500m Envision AESC Gigafactory in Sunderland which will make batteries to meet the growth in de
  
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• 12 firms in fight to renew £1bn North West Construction Hub deal

  30-03-2023 08:58 via constructionenquirer.com
  
  The North West Construction Hub is retendering its medium-value building framework with the promise of a potential work pipeline of £250m-£1bn.A dozen firms now face a fight to retain their places on the pretendered panel for projects valued between £3m and £8m.
  These include: Casey, Conlon, Equans, Eric Wright, Galliford Try, ISG, Kier, Laing O’Rourke, Morgan Sindall, Robertson, Warden and Wates.Manchester City Council is hosting the procurement and has given firms
  
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• Ten firms sign £3bn L&Q homes upgrade deal

  30-03-2023 08:04 via constructionenquirer.com
  
  South east housing association L&Q has signed contracts with 1o firms worth up to £300m per year for the next stage of a major works homes upgrade programme.
  The 15-year contracts will see its partners deliver a range of services including estate and environmental improvements, planned mechanical and engineering works and internal decorations for L&Q residents.L&Q upgrade partnersAmber Construction; Axis Europe; Breyer Group, Durkan, Equans, Foster, Kier Places, Morgan Sindall
  
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