Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.
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Morgan Sindall soared to pole position in the rankings for July new orders after its Overbury fit-out arm secured a record-breaking job.
The £300m-plus overhaul project for Citigroup’s landmark tower at Canary Wharf is one the biggest office fit-out jobs awarded in the Capital.
Known as Project Saturn, the modernisation of the 45-floor skyscraper at 25 Canada Square, which Citigroup bought for £1.2bn two years ago, includes major building services infrastructure replacement, structural and façade works and extensive refurbishment of lifts.
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The project also catapulted Morgan Sindall from sixth to second in the annualised league table for orders secured over the last 12 months.
According to data collected by information specialist Barbour ABI, Winvic continues to lead the annualised league with a £1.46bn haul of orders, closely tracks by Morgan Sindall with £1.6bn and then Royal BAM with a £1.5bn tally of contracts in the UK.
Among the other big wins during July, construction group JRL bagged Moda’s £200m build to rent scheme of 560 flats at Sackville Road in Brighton city centre on the south coast.
In Manchester, Renaker has secured the contract to build 390-co-living apartments for Vita, the first of two towers to be built on the Water Street.
In London, Multiplex also secured a 200-bed hotel to be build at 5 Strand, near Trafalgar Square will launch under the luxury Park Hyatt brand.
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The Health and Safety Executive is investigating after a fully loaded 20 tonne lorry tipped over into a trench on an HS2 site.
The Enquirer has seen pictures of the accident last month at the Skanska Costain Strabag joint venture site in Hillingdon, west London where work is ongoing for the scheme’s Copthall Tunnels.
The lorry driver was was taken to hospital suffering from concussion after the incident and has since returned to work.
An HS2 Ltd spokesperson said: “The safety of our workforce and the public is our number one priority. An investigation into this incident is ongoing and we are sharing information about the incident with the HSE who have visited the site.”
More than 200 Unite members staged a protest at Skanska Costain Strabag’s HS2 site in Euston on Friday as part of an ongoing row about union recognition on the job.
Unite national officer for construction Jerry Swain said:“These demonstrations will not only continue, but will spread to include other areas where Skanska-Costain-Strabag currently work. We will not stop until union officials are allowed on site.”
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How mobile technologies are improving the service experience for both your technicians and your customers.
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Contractors are being told to clean up their act after thousands of tonnes of contaminated plastic film and wrap produced in construction were blocked from export at UK ports.
The Environment Agency has pointed the finger at construction and demolition as the worst offender for generating waste contaminated with materials such as mud, sand, bricks and wood.
Waste exporters are frequently classifying this as ‘green list’ waste of low risk to the environment, but it is often contaminated poor grade plastic waste which is illegal to export.
Firms convicted of illegally exporting this contaminated waste face an unlimited fine and a two-year jail sentence.
But Agency enforcers are warning construction firms are also in the firing line and could face enforcement action if they are found to show disregard for the environment.
During the last year, the EA said it had intercepted huge numbers of shipments to prevent the illegal export. Of 1,889 waste containers inspected at English ports, agency enforcers stopped a quarter from being illegally exported.
This, combined with regulatory intervention upstream at sites, prevented the illegal export of nearly 23,000 tonnes of waste.
It said exporters were undermining legitimate businesses in the UK seeking to recover such waste properly.
Malcolm Lythgo, Head of Waste Regulation at the Environment Agency, said: “We are seeing a marked increase in the number of highly contaminated plastic film and wrap shipments from the construction and demolition industry being stopped by our officers.
“I would strongly urge businesses to observe their legal responsibility to ensure waste is processed appropriately, so we can protect human health and the environment now and for future generations.
It’s not enough just to give your waste to someone else – even a registered carrier. You need to know where your waste will ultimately end up to know it’s been handled properly.”
“We want to work constructively with those in the construction and waste sectors so they can operate compliantly, but we will not hesitate to clamp down on those who show disregard for the environment and the law.”
Anyone with information regarding the illegal export of waste including C&D waste plastics can contact the EA’s Illegal Waste Exports team at [email protected] or anonymously via Crimestoppers on 0800 555 111 or via their website https://crimestoppers-uk.org/give-information.
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Administrators for failed steelwork contractor Cleaveland Bridge UK this week are calling some of the 200-strong workforce back to work to restart production for committed projects.
Insolvency partners at FRP have marketed the business for sale and confirmed they have opened talks with several interested parties.
After discussions with the bridge builder’s existing clients with live projects, the administrators intend to restart production this week, subject to the formal agreement of terms with customers and finalisation of insurance arrangements.
Required staff will be contacted this week, while the remainder will continue to be furloughed as part of the Coronavirus Jobs Retention Scheme.
Martyn Pullin, partner at FRP, said: “We are looking to restart production and continue to hold discussions with interested parties over the future of the business.
“We are working quickly and diligently to assess the viability of those approaches and will need to determine how they align with our objectives and duties as Joint Administrators.”
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For commercial contractors, both GCs and subs, a successful project is one completed on time and within budget. The client is happy with the finished product and the contractor walks away with a tidy profit. Everybody wins. When a project fails, it’s typically due to conflicts and issues that cause cost overruns and delays in the schedule.
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There are two major questions overhanging the economies of the U.S. and Canada. (1) Will a reemergence of coronavirus infections, mainly among the unvaccinated and tied to the Delta variant of the disease, force a slowdown in what was proving to be exceptional gross domestic product (GDP) growth? And (2), the subject of this article, will rapid price increases compel the Federal Reserve and the Bank of Canada to move more aggressively on interest rates?
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