Browsing: public sector projects News
A significant warning has been issued concerning internal audit deficiencies in major UK construction firms, raising alarm among officials.Nine of the top 30 construction firms in…
With the fallout from ISG’s collapse still reverberating, Caddick Construction is stepping up to support those affected, showcasing resilience and adaptability amidst industry challenges.The recent collapse…
Research reveals the crucial role apprenticeships play in delivering social value for construction firms.329 contracts worth £3.2bn generated £860m in social value, highlighting the impact of…
Kier Group’s comprehensive resilience strategy has culminated in remarkable financial results, nearly reaching a £4bn revenue mark.The company’s statutory revenue climbed to £3.9bn, marking a significant…
A call to end adversarial PFI contracts has been made by infrastructure investors to UK ministers.Using third-party adjudicators for PFI disputes diverts funds from public assets.A…
The Essex-based contractor, Mulalley, faces a significant profit decline due to rising costs.Mulalley’s turnover decreased by £20.8 million, significantly affecting its financial year.High inflation and mortgage…
McLaren Construction has set its sights on significant growth and innovation with the introduction of a new division and a strategic personnel appointment.The company revealed the…
Major contractors, including Kier and Morgan Sindall, have been appointed to a significant new construction framework in Essex.The four-year framework, managed by Essex County Council, will…
Companies are facing a surge in claims related to long-completed schemes under Private Finance Initiatives (PFI).In autumn 2021, a geothermal system failure at North Kent Police…
Lendlease’s European construction arm is on the fast track to being sold, underlining a strategic shift by the parent company to concentrate efforts in Australia.Simon Gorski,…
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