We track sector news on a daily basis. Each week we then collate a few of the most interesting items for our Pick of the Week bulletin. It comes out every Friday and has proved very popular with clients.
In this week's bulletin
- Redrow announces healthy half-year results
House-builder Redrow has reported record half-year results with a substantial leap in both revenue and profit. For the six months to 31st December 2016, Redrow made pre-tax profit of £140m, up 35%, on revenue up 23% to £739m..
Source: The Construction Index, 8th February 2017
- Viridor replaces Interseve in effort to complete project
Waste specialist Viridor has brought in Babcock Doosan to salvage its delayed £150m Glasgow gasification plant project. Interserve's contract to deliver the plant was terminated late last year after the project became beset with technical problems causing serious delays...
Source: Construction Enquirer, 10th February 2017
- Met open tender for four-year buildings contract
A dozen or so contractors are being sought to form a panel to undertake building works for the London Metropolitan Police. The London Mayor's Office for Policing & Crime is advertising the £250m minor and intermediate buildings works framework contract, which is set to run for four years...
Source: The Construction Index, 6th February 2017
- Haringey's council may appoint Lendlease in regeneration project
North London's Haringey council looks set to pick Lendlease to steer a £2bn regeneration scheme of 5,000 new homes in the Borough. The council's recommendation to select the firm as preferred development partner is set to be rubber stamped on 14 February...
Source: Construction Enquirer, 7th February 2017
- M6 upgrade out to public consultation
Designs for a £64.5m upgrade of junction 10 of the M6 motorway have gone out to public consultation. The junction improvement project is being jointly funded by Highways England and Walsall Council via the Black Country Local Enterprise Partnership...
Source: The Construction Index, 7th February 2017
- Interserve win major rail termini contract
Interserve has secured a five-year facilities management deal worth £65 million with Network Rail. The international support services and construction group will deliver facilities services including waste management, landscaping, pest control, adverse weather management and washroom services across 11 of Network Rail's managed stations...
Source: FMJ, 6th February 2017
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