A string of multi-phase RC Frame contract wins in London helped boost turnover at Statom Group to £143m last year. Latest results for the contractor for the year to November 30 2023 show pre-tax profit at £8.5m from £8.2m last time as revenue rose to £143.2m from £113m. The balance sheet was also strengthened with
Twenty-seven contractors have secured places on the Environment Agency’s framework covering small civil engineering works under £1m, M&E and vegetation management. Amalgamated Construction, Breheny, Cheetham Hill Construction and Land & Water are among the firms to renew their places on the main civils engineering works lot, expected to be worth £336m over the four-year framework.
Cambridgeshire groundworks contractor Bowie Construction has filed a notice of intention to appoint an administrator. The firm has stopped work on two Norfolk housing sites where it was for Lovell Homes working with West Norfolk Council. Lovell Homes is now having to find a new firm to take on its 300-home Florence Fields project in
Network Rail will channel £2.8bn of its total spend over the next five years into helping the railways better cope with extreme weather and climate change. The weather resilience programme will see Network Rail recruit almost 400 extra drainage engineers to increase the care and maintenance of its drainage assets to handle heavier rainfall. The
Pagabo has revealed the 49 firms appointed to the first of its new £1.6bn healthcare decarbonisation frameworks which include Kier, Morgan Sindall and Willmott Dixon. Great Ormond Street Hospital (GOSH) is serving as the healthcare sector-specialist contracting authority for the framework, which will run for four years. The suppliers appointed can provide a complete business
Developer Reef Group has appointed Ardmore to deliver the final phase of its Tribeca purpose-built life science campus in London’s King’s Cross Knowledge Quarter. The phase two award, which is estimated to be worth around £240m, involves three new buildings totalling 540,000 sq ft and featuring laboratories, homes, shops and restaurants. The buildings will be
Essex-based contractor Readie Construction collapsed with total debts of £34m. The £421m-turnover firm fell into administration in early February leaving over 440 subcontractors and suppliers out of pocket. According to the statement of company affairs released by administrator Begbies Traynor, subcontractors alone are owed £18.8m. Other trade creditors were left £6m out of pocket, with
Power giant SSE has bought back the Enerveo electrical contracting business it sold three years ago from the original buyer Aurelius Group. SSE sold the £257m turnover business, then known as SSE Contracting, in June 2021. But the investment firm found it challenging to operate rebranded Enerveo as an independent business. During this period Enervo
Development partners, The Hill Group and Shearer Property Group, have started the countdown for construction to start on the highly-anticipated £450m City Centre South regeneration project in Coventry. A seven week programme of archaeological works has got underway to ensure the heritage of the site is understood, recorded, and preserved prior to the start of
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
