Crossrail delayed again as costs rise by another £2bn
Crossrail has bust its budget by another £2bn as further delays to the opening of the project were confirmed. Another extra financing package worth more than £2bn was agreed on Monday afternoon as Crossrail chiefs admitted they couldn’t guarantee hitting … Continue reading
Birmingham’s Curzon Street station worth up to £435m
HS2 has begun the search for a construction team to deliver the design-and-build package for Birmingham’s Curzon Street station worth up to £435m. The new station, which is set to open in 2026, aims to unlock 36,000 jobs and 4,000 … Continue reading
HS2 unveils Crewe Link £1.6bn civils bid plan
HS2 has outlined plans to split the proposed West Midlands to Crewe section of the high speed railway into two civils contract packages. Procurement chiefs said they are still keeping procurement options open with the possibility of running a competition between … Continue reading
Winners revealed for Highways England work bonanza
Highways England has chosen the winners for one of its biggest ever framework deals. It is thought the names will be officially confirmed shortly of contractors who have bagged places on the programme worth up to £8.7bn over the next … Continue reading
HS2 firms gearing up to create 15,000 jobs by 2020
Contractors and consultants working on HS2 are gearing up to employ a 15,000-strong workforce by 2020. Over 7,000 roles are already supported by the project, and over 2,000 business have already won work with HS2, ahead of the main construction start … Continue reading
Lendlease Reveal Value of Euston Redevelopment
The redevelopment of the area around HS2’s Euston station could be worth nearly £6bn, the company behind the project’s masterplan has revealed. Lendlease, which won the master-developer contract in February, said it expected the overall Euston redevelopment covering the area … Continue reading
North West’s first smart motorway fully-operational
The M60 in Greater Manchester is officially the North West’s first fully-operational smart motorway, Highways England has announced. On 31 July the final package of smart improvements along junctions 10 to 18 of the M60 in Greater Manchester went live. … Continue reading
North West to get 100 miles of new motorway lanes
Highways England has said that more than 100 miles of extra lanes will be added to the North West’s motorways through schemes starting on site in the next 18 months. Four new smart motorway schemes – with a combined value … Continue reading
CONSTRUCTION CONSOLIDATES AFTER SHAKY START TO YEAR
Construction buyers reported a steady continuation of industry growth following a dip in output earlier this year. The latest IHS Markit/CIPS UK Construction Purchasing Managers’ Index for May registered 52.5 – exactly the same figure as April. Crucially the figure … Continue reading