Construction news

• RSK snaps up muckshifting and civils firm RJT Excavations

  03-10-2023 17:59 via constructionenquirer.com
  Acquisition-hungry RSK Group has swooped again this time to buy Borders civil engineering contractor RJT Excavations.
  Based at Jedburgh in the Scottish Borders, the £30m turnover firm has been a key player in the sector for more than 30 years and operates a fleet more than 60 pieces of heavy plant.
  The business, which employs around 125 staff and made a pre-tax profit of £3m last year, has been acquired from Mancunian Mercantile Investments.
  RJT offers a wider range of civil engineer
  
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• Willmott Dixon replaces Buckingham on Swansea job

  03-10-2023 16:24 via constructionenquirer.com
  
  Swansea Council has parachuted in Willmott Dixon to complete work at the Copr Bay district after the original contactor, Buckingham Group, fell into administration.
  The Copr Bay scheme covers the area of the former St David’s Shopping Centre and across the new bridge over Oystermouth Road to Swansea Arena and the coastal park.
  Willmott Dixon will finish car park and complete site-wide snagging
  Most of the scheme is complete and open, so Willmott Dixon will focus on completing the car park
  
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• Retention records added to stricter payment reporting laws

  03-10-2023 09:09 via constructionenquirer.com
  
  The Government is giving contractor payment reporting laws extra teeth after coming under fire for not going far enough on corporate payment transparency.
  After industry consultation, ministers have agreed to include fresh requirements to report retention records in six monthly returns.
  There will also be a new value metric, so businesses can see the value of invoices, including invoices paid late, and a disputed invoices metric.The new regime is expected to include:
  • the average number of
  
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• Another part of Real group heading for administration

  03-10-2023 08:36 via constructionenquirer.com
  
  The South West division of  the Real Contracting Group has filed a notice of intention to appoint administrators.
  Real SW staff were told yesterday in an internal email seen by the Enquirer.
  The move follows a similar application by the London and South East division Real LSE last week.Real specialises in the construction of new homes, student accommodation and later living schemes for housing associations, local authorities and selected private clients.
  The Real Contracting Group was creat
  
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• Esh Group counts on record orders after resilient year

  03-10-2023 08:30 via constructionenquirer.com
  
  North of England contractor Esh Group reported a pre-tax profit of £2m last year from stable revenue of £261m.
  Chief executive Andy Radcliffe credited a “meticulously designed business model” for softening the impact of industry headwinds on 2022’s operating profit.
  He said that longer-term contracts, priced pre-pandemic and vulnerable to cost inflation, were completed in the first half of 2023, leaving the business with a reduced risk profile moving forward.“
  
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• Materials giant Heidelberg drops Hanson brand

  03-10-2023 08:00 via constructionenquirer.com
  
  German cement and aggregates giant Heidelberg Materials has finally dropped the Hanson brand 16 years after buying the famous UK company.
  New branding will be rolled out at sites and on vehicles over the next two years with new packaging following in early 2024.
  Simon Willis, CEO of Heidelberg Materials UK, said: “The construction sector faces global challenges such as climate change and the digitalisation of our industry; challenges we are better placed to meet as a strong, united group.&
  
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