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Pagabo opens bidding for £814m FM framework

Procurement body Pagabo is inviting tenders for a new £814m FM framework targeting the needs of public sector clients in the healthcare, blue light, infrastructure, education and leisure sectors. The Total Facilities Management Framework will run for four years and offering hard, soft or combined facilities management services. Hard facilities management will cover the provision

Bouygues UK losses widen to £62m

Bouygues UK sunk even deeper into the red last year after making additional building safety provisions and suffering further contract losses due to inflation and subcontractors going to the wall. The French-owned contractor suffered pretax losses of £62m in the year to December 2023, worse than the £42m loss reported in the prior year. Bouygues

Labour set to cancel major road and hospital jobs

Chancellor Rachel Reeves is today expected to announce plans to cancel flagship road tunnel projects and pause the already delayed hospital building programme in an attempt to plug a £20bn black hole in public finances. Exact details of which projects are to be axed will be revealed later today but the multi-billion pound Stonehenge Tunnel

Graham consortium wins £400m Manchester job

The Viridis consortium of Equitix, Graham and Derwent FM has been selected as preferred bidder and delivery partner for the next phase of the University of Manchester’s Fallowfield Campus. The £400m deal will be developed under a Design, Build, Finance and Operate (DBFO) model. The University and Viridis will now work together to develop its