Costain News, Contracts and Projects | Construction News

Clay investigations at proposed £2.2bn reservoir site will cut long-term costs

Joshua Stein — Wed, 07 May 2025 11:45:11 +0000

Tier one contractor Costain is conducting intensive clay investigations at a proposed site for the UK’s first planned reservoir in more than 30 years, with the aim of reducing the risk of cost overruns. The firm is leading clay compaction trials (CCTs) at the site near…

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Costain in ‘best shape’ as profit jumps

Joshua Stein — Tue, 11 Mar 2025 10:34:28 +0000

Pre-tax profit at major infrastructure contractor Costain has soared by almost 20 per cent. The firm’s chief executive Alex Vaughan said the increase was “built on four years’ worth of work” and a “clear strategy”. Pre-tax profit was up from £30.9m to £36.5m in the year…

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Costain predicts margin growth after order book swells

Ian Weinfass — Mon, 27 Jan 2025 11:11:18 +0000

Costain has boosted its order book by £1.5bn, the firm has revealed. In a trading update this morning (27 January), the civils contractor said its level of activity means it expects to grow its future margins. The CN100 firm has seen a “substantial increase” of…

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People moves: Costain appoints, Briggs promotes and more

Chris Smith — Fri, 10 Jan 2025 12:45:01 +0000

The first full working week of 2025 has seen a flurry of job changes across the construction industry. Infrastructure specialist Costain announced the appointment of Eva Soto Pérez as its new engineering services general manager. Pérez moves from Morgan Sindall, where she was engineering director…

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Costain tops December league table with HS2 work

Chris Smith — Mon, 06 Jan 2025 11:39:24 +0000

A single mammoth contract for HS2 work propelled Costain to the top of December’s league table, according to construction industry data specialist Glenigan. Work will begin in the first quarter of the year on the £400m job to deliver critical lineside mechanical and electrical systems…

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Balfour and Costain poised to start work on £4bn net-zero site

Joshua Stein — Wed, 11 Dec 2024 12:05:48 +0000

Balfour Beatty and Costain have got the go-ahead to start work on infrastructure for a huge carbon capture project in the North East. The £4bn construction work on two sites at Net Zero Teesside Power (NZT Power) will start in mid-2025, with both contractors helping…

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Cadent extends Costain’s gas mains replacement deal

Chris Smith — Tue, 10 Dec 2024 12:02:41 +0000

Costain has been handed a three-year extension for a major gas mains replacement contract in the East of England. The deal will see the contractor continue to work with Cadent Gas to upgrade its distribution network across the region until 2029. The announcement was a…

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Costain wins £400m HS2 M&E package

Ian Weinfass — Wed, 04 Dec 2024 11:01:47 +0000

Costain has landed a £400m contract to deliver tunnel and lineside mechanical and electrical (M&E) systems for HS2. Under the deal, the contractor will deliver the design, supply, manufacture, installation, testing and commissioning of HS2’s tunnel and lineside M&E systems during construction. Its work will…

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The adventures of a tier one lifer

Ben Vogel — Tue, 12 Nov 2024 12:21:59 +0000

Alex Vaughan has navigated significant transformations since becoming Costain’s CEO five years ago When Alex Vaughan first walked through Costain’s doors 34 years ago as a trainee quantity surveyor, he had no idea he would eventually be leading the organisation. “It’s been a series of…

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Tech-connected plant ‘could be worth £400bn to economy’

Joshua Stein — Tue, 15 Oct 2024 12:04:34 +0000

Greater use of technology in the construction sector could boost the UK economy by £417bn within two and a half decades, according to a study by Costain. The UK’s 16th biggest contractor found that extensive use of connected and autonomous plant (CAP) in the industry…

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