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Balfour Beatty has secured a $746m (£575m) deal to rebuild a section of the iconic Interstate 35 in the US. The contractor will upgrade a 4km chunk of the highway in Austin for the Texas Department of Transportation. The I-35 runs almost the entire length of the US, from Laredo…
HS2 works may have compounded flooding in some areas, according to the construction commissioner scrutinising the project. In his latest report, covering the second quarter of 2024, independent commissioner for HS2 Sir Mark Worthington said he had heard “a number of reports of localised flooding impacting upon residents and communities”. …
Scottish Water is looking for contractors to deliver between £500m and £800m of works under its ceramic membrane capital investment programme. The publicly owned utility company published a contract notice on 1 November inviting bids from firms to deliver the new water filtration programme. Up to five contractors will be…
The government has scrapped five National Highways road projects, saying it cannot afford them. Treasury documents released alongside yesterday’s Budget show that it is halting work on the A5036 Princess Way, A358 Taunton to Southfields, M27 J8 Southampton, the A47 Great Yarmouth Vauxhall Roundabout and A1 Morpeth to Ellingham schemes.…
Leo Quinn, the boss with the biggest wage bill in construction, has given a cautious welcome to the Budget. Chancellor Rachel Reeves yesterday (30 October) announced a 1.2 percentage point rise in employers’ national insurance (NI) contributions and lowered the threshold at which employers start paying them. But Quinn, chief…
The government has announced billions in new funding for green energy projects next year, but experts have raised concerns over grid connections. In early October, the government announced a £21.7bn investment over 25 years in carbon capture projects based in Teesside and Merseyside. Chancellor Rachel Reeves’ Budget today (30 October)…
HS2 will run to Euston Station, the Labour government confirmed today, but it remained tight-lipped on any plans to pay for the London high-speed rail terminus with public money. In her first budget since becoming chancellor of the exchequer, Rachel Reeves confirmed on Wednesday (30 October) that HS2 will run…
Record turnover last year helped civils contractor Colas Rail boost its pre-tax profit by almost 60 per cent. Annual revenue rose by 10 per cent on 2022 to reach an all-time high of £403.7m, the firm announced in its accounts for the 2023 calendar year. This generated a pre-tax profit…
A drilling firm has become the latest acquisition for utilities specialist OCU Group. The private equity-backed group acquired Peter McCormack & Sons, which specialises in trenchless technology solutions, for an undisclosed sum, OCU said when announcing the deal this morning (24 October). OCU chief executive Michael Hughes said the addition…
By Thomas Johnson Kent County Council is searching for a contractor for a new £2bn highways maintenance contract that is expected to last for up to 21 years. Kent’s local road network is one of the largest in the country, with around 8,750km of roads. This includes: 990km of A roads, 450km of B…
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