Construction news

• Bid race starts for £8bn Procure Partnerships deal

  17-04-2023 23:13 via constructionenquirer.com
  
  The Liverpool-based procurement body Procure Partnerships is inviting firms to tender for its second generation national contractors framework for public works.
  The body has been operating and delivering a successful framework across England for the past four years supporting the delivery of over 400 projects.Now over 20 firms face a fight to renew their places on the next iteration of the framework, which will be structured across 11 sub regional lots.The framework will also cover five discipli
  
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• Former Wates boss Mark Allen paid £1m compensation

  17-04-2023 14:59 via constructionenquirer.com
  
  Former Wates chief executive Mark Allen is understood to have been paid nearly £1m in compensation after leaving the firm suddenly last year.
  Allen parted ways with Wates last summer after joining in 2016 and taking-up the CEO role in 2018.
  He is now chief financial officer at Mace where he took up his new role at the start of this year.Page 148 of the latest published accounts for Wates reveal that the company’s highest paid director received £992,000 “compensation for l
  
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• Former Wates boss David Allen paid £1m compensation

  17-04-2023 14:59 via constructionenquirer.com
  
  Former Wates chief executive David Allen is understood to have been paid nearly £1m in compensation after leaving the firm suddenly last year.
  Allen parted ways with Wates last summer after joining in 2016 and taking-up the CEO role in 2018.
  He is now chief financial officer at Mace where he took up his new role at the start of this year.Page 148 of the latest published accounts for Wates reveal that the company’s highest paid director received £992,000 “compensation for
  
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• McLaren wins £53m Passivhaus homes scheme in Acton

  17-04-2023 11:57 via constructionenquirer.com
  
  McLaren Construction has been appointed by Ealing Council to deliver 188 new homes in Acton as part of a new development at the Steyne estate.
  The new homes will be spread across three buildings of 20,eight and four storeys.
  McLaren has partnered with Beyond Carbon to integrate Passivhaus design for 71 out of the 188 new homes, meeting the highest standards in sustainability to promote low carbon living for all residents.
  Passivhaus design principles will help reduce energy consumption by an est
  
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• Henley Construct files administration notice

  17-04-2023 09:07 via constructionenquirer.com
  
  South London residential contractor Henley Construct has filed a notice of intention to appoint an administrator.
  Worried suppliers have been watching the company closely since its sister firm went into liquidation earlier this month.
  Intelligent Steel Solutions went down owing suppliers £1.4m while a report from 360 Insolvency said the firm “relied to a large extent on supplying structural steel for projects being conducted by Henley Construct Limited.”Henley Construct –
  
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• BAM signs £35m deal for Sunderland secondary school

  17-04-2023 09:01 via constructionenquirer.com
  
  BAM Construction has signed off a £35m contract to design and build Farringdon Community Academy in Sunderland.
  The project at Allendale Road in the St Chads area of the city includes the partial demolition of existing school buildings, excluding sports facilities, and the development of a replacement school building, indoor swimming pool block, car parking and hard and soft landscaping.
  Early works are getting underway shortly. BAM will build a new three-storey main teaching block to the
  
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• Investment drive to attract foreign cash into UK construction

  17-04-2023 08:38 via constructionenquirer.com
  
  A team of leading consultants and investment experts has launched a charm offensive to calm the fears of foreign investors over getting involved in the UK property and construction market.
  The Enquirer understands the initiative – which has the codename Project Sarah – is aiming to attract billions of overseas investment into UK projects.
  The programme is a collaboration between international bespoke consultancy group Consensio and investment firms Athla Capital Management and Invest
  
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• Tolent supply chain hit for at least £46.7m

  17-04-2023 08:29 via constructionenquirer.com
  
  Subcontractors and suppliers have been hit for at least £46.7m following the collapse of North East contractor Tolent in February.
  An update from administrator Interpath Advisory said unsecured creditors are unlikely to receive a penny for their now worthless invoices.
  Tolent had been in business since 1989 and was working on 16 live contracts employing 356 staff when it went down.The firm had a turnover of £195m in 2021 racking-up a pre-tax loss of £4m.
  Interpath said its demi
  
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