Construction news

Early bond release key to averting industry surety crisis

21-06-2024 09:07 via constructionenquirer.com

The construction bond market squeeze will force clients and contractors to rethink their working practices.
Where client variations take project work above agreed contract values, bonds should be released and then rewritten to cover the smaller balance of extra work required.This would free-up needed capacity in the market said bond broker DRS Bond Management.
A shortage of available bond capacity is now threatening to delay project starts.
The situation has been building up to crisis point over

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Lidl looking for new contractors for store building plans

21-06-2024 09:00 via constructionenquirer.com

Supermarket giant Lidl is looking for contractors across the country to help build hundreds of new stores.
It is hosting a series of events across the country next month to meet new firms.
Members of the Lidl GB property and construction team will be hosting the events in Newcastle, Glasgow, Birmingham and Southampton.They will provide contractors with the chance to learn about opportunities to work with Lidl, whilst gaining insight into the discounter’s structure, processes and requiremen

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Utility firm GTC revvs up for ground source heat pump era

21-06-2024 08:46 via constructionenquirer.com

The UK’s largest installer of last mile multi-utility networks GTC has struck a deal with ground source heat pump maker Kensa Group to solve house builders’ headaches over the boiler ban next year.The two have teamed up to deliver a low-cost renewable heating and cooling solution that could supply tens of thousands of new homes a year.This new alignment comes as the market prepares to deliver an alternative to gas. Gas boilers will be banned in new build developments from next year u

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Utility firm GTC revs up for ground source heat pump era

21-06-2024 08:46 via constructionenquirer.com

The UK’s largest installer of last mile multi-utility networks GTC has struck a deal with ground source heat pump maker Kensa Group to solve house builders’ headaches over the boiler ban next year.
The two have teamed up to deliver a low-cost renewable heating and cooling solution that could supply tens of thousands of new homes a year.
This new alignment comes as the market prepares to deliver an alternative to gas. Gas boilers will be banned in new build developments from next year

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Over 1000 building safety cladding retrofits completed

21-06-2024 08:44 via constructionenquirer.com

The industry has just completed a quarter of the total building safety cladding retrofits needed to comply with new regulations brought in after the Grenfell disaster.
Latest Government figures show contractors have now reclad 1,088 (25%) of the 4,374 buildings identified as unsafe seven years after 72 died in the Grenfell Tower fire.
Despite a slow start, the speed of remediation works on recorded buildings of 11m and over is at last speeding up.Overall, 2,066 buildings (47%) have either starte

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