Costain

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 Abingdon, in Oxfordshire. If approved,…

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 to 31 December 2024, while…

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 £1.5bn in its “high-quality” forward…

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 from June 2022. Her CV…

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 for the high-speed rail link.…

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 to deliver the world’s first…

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 significant boost for Costain, which…

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 start in Q1 2025 for…

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 could bring £356bn worth of…

Construction firms have begun jostling for position to win the jobs to build two carbon capture and storage (CCS) sites that were backed by the prime minister last week. Balfour Beatty and Costain said they had the tools and skills to deliver the “mega” projects announced by the prime minister.…