Costain

Costain’s focus on key sectors has paid off, with profit doubling in the first six months of 2024. The firm’s pre-tax profit for the six months to 30 June 2024 came in at £17m, exactly double the £8.5m compared with the same half-year period last year. Chief executive Alex Vaughan…

Eight firms have been appointed by Southern Water to deliver upgrades across its infrastructure network. The utility firm confirmed which firms were awarded contracts under its £3.7bn capital delivery framework covering major infrastructure and works. The strategic partners will deliver new pipelines, pumping stations and treatment-works upgrades. Southern Water said…

Unions have agreed access to HS2 London tunnel sites, ending a five-year battle. SCS, the joint venture (JV) between Skanska, Costain and Strabag, has signed an agreement with unions Unite and GMB allowing union officials to visit workers based at Euston on site. Union members will be able to discuss…

Costain was the largest single supplier to National Highways in 2023/24, just ahead of the Balfour Beatty-linked consortium that carries out M25 upgrade work, Construction News can reveal. It marks the third successive financial year that the contractor and consultant topped the roads body’s league table, and came despite a…

Costain is set to work with MWH Treatment on £65m of work for Southern Water. The joint venture, known as CMDP, secured the contracts as part of the utility’s asset management plan 7 (AMP7) programme, which runs until the end of 2025. The deals will see the pair upgrade wastewater…

Two of the UK’s biggest construction contractors have won plaudits for promoting gender equality within their businesses. Costain and Willmott Dixon, which placed 12th and 19th respectively in the most recent CN100 list, were both named in The Times’ annual Top 50 Employers for Gender Equality list. The list recognises…

The transport secretary has green-lit a major road-dualling scheme that was awarded to Costain almost three years ago. Mark Harper acted in line with the Planning Inspectorate’s recommendation, granting a development consent order for the 20km project to upgrade the A1 between Morpeth and Ellingham. Costain secured the contract in…

Balfour Beatty and Costain are among a host of contractors named on a set of works involving a new power station and carbon-capture scheme. The £4bn package is to build a gas-fired power station in Teesside with a pipeline to a new storage facility. Balfour Beatty was named as the…

Costain’s chief executive has called for the next UK government to appoint a cabinet-level minister to get a grip of infrastructure delivery. In an interview with Construction News, Costain chief executive Alex Vaughan outlined a set of priorities for the upcoming general election, aimed at delivering improved performance in the…

Costain is moving its headquarters from Maidenhead in Berkshire to the City of London. The UK’s fifth-largest publicly listed contractor is set to take over the seventh floor of the Mace-built ‘Can of Ham’ building at 70 St Mary Axe. The 1,600 square metre office will have space for around…