Council quits homes joint venture to speed-up constructionWorthing Borough Council is selling its stake in a joint venture to build 216 new homes to raise funds and accelerate construction.
The cash-strapped council is now negotiating the sale of the land at Union Place to house builder Roffey Homes.
Worthing partnered with Roffey Homes in 2022 to build the Union Gardens scheme containing 216…
Kier signs £243m army barracks upgradeKier has signed on the dotted line on a contract to upgrade Keogh army barracks in Aldershot.
The £243m contract includes mostly new-build construction of live, work and train facilities over the next five years.
The award is part of the wider Defense Estate Optimisation Single Living Accomodation & Technical Infrastructure Programme, which spans t…
Winners revealed for £814m FM frameworkThe 27 winners of a new UK-wide facilities management framework have been confirmed by procurement provider Pagabo.
The Total Facilities Management Framework will run until November 2028 offering services including roofing, mechanical work and decorating
It will be managed on behalf of contracting authority Red Kite Learning Trust and allow public sector…
Vistry slims down to three operating divisionsPartnership housing specialist Vistry has slimmed down its operational structure from six to three divisions after reporting a £165m hit last year when it unearthed under-estimated build costs at its southern division.
The new operational structure is designed to reduce reporting lines and allow CEO Greg Fitzgerald to get closer to t…
Business better than expected at bullish Galliford TryGalliford Try issued a bullish trading statement to the City this morning with the business performing better than the board and analyst’s expectations.
The contractor is on course to post pre-tax profit of around £35m for the year to June 30 2025 on turnover of £1.8bn.
The company said: “The Group is performing well, winning a number of…
Refurb contractor went down owing supply chain £9.5mSuffolk based refurbishment contractor Troy Central Ltd owed suppliers and subcontractors £9.5m when it went into administration last November.
The scale of the company’s debts has been revealed by administrator Grant Thornton.
An update at Companies House details 327 unsecured creditors owed a total of £9.56m.
The firm specialised in t…
Morgan Sindall starts £90m Cambridge mixed-use jobMorgan Sindall Construction has finally started work on a £90m contract to build a mixed-use scheme in Cambridge more than two years after it gained planning.
The Mill Yard project, formerly known as Devonshire Gardens, is being developed by Railpen, manager of the £34bn railways pension fund, and its development partner Socius.
This landmark…
Cardo breaks into Scotland with fifth acquisitionGrowing building maintenance specialist Cardo Group has gained a foothold in Scotland with the acquisition of energy services contractor HeatCare Oil and Gas.
Established in 2000, HeatCare employs around 80 staff. It started out as a reactive gas maintenance repairs firm expanding into wider trades delivering plumbing, electrical work, joinery,…
Tilbury Douglas bags major Barbican Centre M&E upgradeTilbury Douglas has secured the first phase of a major long-term M&E upgrade to the famous Barbican Arts Centre in London.
The first phase works contract will be worth £22.5m, while the full programme of planned works is expected to rise to £185m over a decade of improvements to the grade II listed complex.
The Corporation of London’s…
Former Keltbray site managers stand trial over contract “bribes”Three former site managers at Keltbray were paid hundreds of thousands of pounds in bribes linked to construction projects including Battersea Power Station, a court has heard.
Details were revealed at the opening of a trial at Southwark Crown Court last week which is expected to last until mid-February.
The Keltbray managers…