Construction news

• £800m pro services framework up for renewal

  02-04-2024 19:08 via constructionenquirer.com
  
  Procure Partnerships Framework is looking to renew its Professional Services Framework which is currently valued at £800m.
  Over the past four years of the deal it has successfully supported the procurement and delivery of over 400 public sector projects.
  The framework provider is currently conducting market research to assess market interest that will inform the procurement strategy for a new four-year National Professional Services Framework.The anticipated tender issue date is Spring 202
  
  Read more

• £180m Cardiff cancer centre seals financial close

  02-04-2024 12:48 via constructionenquirer.com
  
  The ACORN consortium has achieved financial close for the £180m Velindre Cancer Centre project in Cardiff.
  Contractor Sacyr UK will now start work on the 350,000 sq ft specialist cancer hospital, which is being bought forward using the Welsh Government’s new public private partnership model.
  Velindre University NHS Trust appointed the ACORN consortium to deliver the project 18 months ago. It consists of Kajima Partnerships, Sacyr, Abrdn, Andrew Scott, Kier Facilities Services, White
  
  Read more

• Breedon snaps up third road surfacing contractor

  02-04-2024 09:47 via constructionenquirer.com
  
  Materials supplier Breedon has bought Midlands road surfacing contractor Phoenix as it continues to build up its Surfacing Solutions operation.
  The latest deal follows the successful integration of Minster Surfacing last year, and the 2022 acquisition of Thomas Bow, a surfacing and civil engineering contractor based in the East Midlands.
  With a £24m annual turnover, Phoenix Surfacing brings over 30 years of experience in the design and delivery of highways and infrastructure projects.James
  
  Read more

• Former Costain highways chief joins Renew

  02-04-2024 09:10 via constructionenquirer.com
  
  Former Costain highways chief Simon Ellison will join infrastructure engineering specialist Renew next month.
  He will take up the role as rail sector director, joining Renew’s senior management team
  His appointment will ensure a smooth transition with Andries Liebenberg, who will retire at the end of this year after eight years in the role.Ellison spent 25 years at Costain in senior leadership roles across Rail and Transportation operations leaving earlier last year.
  In a trading statement
  
  Read more

• Advertisement

• Government 55-day average payment rule comes into force

  02-04-2024 08:28 via constructionenquirer.com
  
  Contractors bidding for public works contracts worth over £5m must demonstrate they pay all invoices within 55 days, or face a public work ban.
  The new stricter payment rules came into force from 1 April and require firms to demonstrate they are paying 95% of invoices within 60 days, and also paying all their invoices within an average of 55 days.
  This represents a tightening of previous regime that required 85% of all supply chain invoices in 60 days in one of two previous six-month repor
  
  Read more

• Procure Plus expands social housing upkeep framework

  02-04-2024 08:21 via constructionenquirer.com
  
  Manchester social housing framework specialist Procure Plus is extending its social housing upkeep framework into the North East, Yorkshire and Humberside.
  The new installation and repair framework agreement has been valued at being worth £866m over four years and builds on a similar framework covering the North West.
  It will cover a range of specialist trades works for planned maintenance predominantly within social housing properties as well as public buildings such as schools and office
  
  Read more

• Construction green light for Hampshire garden village

  02-04-2024 08:19 via constructionenquirer.com
  
  Construction of the first wave of hundreds of homes for a new garden village at Welborne in Hampshire has been approved by the Fareham Borough Council Planning Committee.
  The first phase of 363 homes will be built by Welborne’s house build partners – Thakeham and Pye Homes.
  Master Developer Buckland has formed a joint venture with three house builders enabling the construction to follow a single Design Code and Street Manual across the site which will eventually house 15,000 people.M
  
  Read more

• HS2 work lifts Kilnbridge to record £120m revenue

  02-04-2024 08:11 via constructionenquirer.com
  
  East London-based concrete specialist Kilnbridge saw turnover jump nearly a quarter to £120m last year as big HS2 jobs moved to peak construction.
  The revenue growth in the year to June 2023 was also accompanied by improved operating margins at 5% helping to lift pre-tax profit by just over 60% to £6.4m.
  The improved performance at the firm, which operates as an employee-owned firm, led to a second profit share to individual staff of £862 following the previous year’s dis
  
  Read more

• Advertisement

Follow @new_constructio on Twitter!