Construction news

• Persimmon finance chief exits after one year

  27-07-2023 19:13 via constructionenquirer.com
  
  House builder Persimmon’s finance chief is leaving the firm after just over a year in the post.
  Jason Windsor, chief financial officer, will formally leave on 1 September to become chief financial officer at investment giant abrdn plc.Persimmon chief executive Dean Finch will then assume interim responsibility for the finance function, supported by Mike Smith, group financial controller.The board said it would now start the hunt for a new finance chief.
  Roger Devlin, chairman, said: &
  
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• £300m Man City stadium extension approved

  27-07-2023 18:35 via constructionenquirer.com
  Manchester City FC has got the planning thumbs up for a £300m expansion of its Etihad Stadium.
  It is anticipated that main construction works will commence on-site in November, with John Sisk widely expected to be named main contractor shortly.
  The project will boost the ground’s capacity from 54,000 to 60,000 while creating a “best-in-class fan experience and year-round entertainment and leisure destination.”
  Plans include several connected all-weather facilities integr
  
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• BAM JV bags UK’s largest’ electricity transmission project

  27-07-2023 09:18 via constructionenquirer.com
  
  BAM in joint venture with Hitachi Energy has clinched the deal to build two major converter stations on the planned electricity superhighway project from Peterhead in Scotland to Drax in Yorkshire.
  The Eastern Green Link 2 project will see the longest HVDC cable in the UK and is the UK’s single largest electricity transmission project ever.
  When complete it will provide enough electricity to power 2m UK homes.BAM will work in collaboration with Hitachi Energy to provide the engineering wor
  
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• Logicor lines-up Benniman for record redevelopment

  27-07-2023 09:11 via constructionenquirer.com
  
  Developer Logicor is set to begin its largest scheme in the UK with Benniman Construction Group lined-up as main contractor.
  Work will begin on site by the end of the year and be completed by the start of 2025.
  Benniman will build 800,000 sq ft of modern logistics across 38.5 acres at Logicor Park Daventry in the Midlands.Detailed planning consent has been secured for three new warehouses from 135,000 sq ft to 385,000 sq ft, as well as two on-site gyms, shower facilities and cycle path.
  Charlie
  
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• Travel allowance row hits Hinkley Point site

  27-07-2023 08:47 via constructionenquirer.com
  
  Mechanical, electrical and logistics workers are understood to have downed tools at Hinkley Point C in reaction to plans to cut travel allowances.
  The Enquirer understands that a number of the workforce refused to come in yesterday as the dispute erupted into unofficial action.
  A site source said: “Hundreds of workers for Balfour Beatty and NGBailey did not turn up for work today after rejecting a 50% cut to their travel allowances. “
  Unite and GMB unions are now planning to ballot f
  
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• L&G Modular forced to dismantle new Bristol homes

  27-07-2023 08:21 via constructionenquirer.com
  
  Insurance giant L&G is being forced to dismantle homes built during its short loss-making foray into manufacturing modular housing.
  The Enquirer understands that problems with foundations have been uncovered at one of its largest modular homes developments in Bristol.
  Modules being lifted out of previously completed homes
  The 185-home Bonnington Walk development was one of L&G Modular Homes’ flagship schemes but now dozens of completed homes are having to be entirely dismantled.
  Ne
  
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• BAM turns to AI in bid to cut delays and cost overruns

  27-07-2023 08:14 via constructionenquirer.com
  
  BAM is adopting AI in a bid to manage risks to project schedules.
  The contractor is adopting new software called nPlan Portfolio across an initial trial of 50 projects.
  The technology from nPlan allows BAM to analyse a whole portfolio through an AI lens for the first time and provides unbiased insight into potential risks to schedule and costs enabling prompt preventive action.David Bunn, Portfolio Director at BAM, said: “As our clients are increasingly moving towards outcome-focused capit
  
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• BAM turns to AI in bid to avoid delays and cost overruns

  27-07-2023 08:14 via constructionenquirer.com
  
  BAM is adopting AI in a bid to manage risks to project schedules.
  The contractor is adopting new software called nPlan Portfolio across an initial trial of 50 projects.
  The technology from nPlan allows BAM to analyse a whole portfolio through an AI lens for the first time and provides unbiased insight into potential risks to schedule and costs enabling prompt preventive action.David Bunn, Portfolio Director at BAM, said: “As our clients are increasingly moving towards outcome-focused capit
  
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• Winvic profit falls a third after losses on two jobs

  27-07-2023 08:10 via constructionenquirer.com
  
  Shed and multi-room building contractor Winvic saw pre-tax profits fall for the first time after two jobs secured before the pandemic ran into loss.
  Pre-tax profit nosedived a third to £10.5m in the year to January 2023 as the more challenging market also eroded margins.
  But revenue at the group, which has also diversified into civils and infrastructure work, continued to rise steeply jumping 18% to £1.22bn.This also improved the group’s net cash position, which continued to st
  
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