The government’s funding agreement with Transport for London (TfL) has been extended until 18 May, when a new funding deal will be put in place following the mayoral election.
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Cost worries outweigh Covid concerns for contractors
Taking stock one year on from our first Covid lockdown, it has been as surprising to reflect on what has not changed over the last 12 months, as much as what has. We recently surveyed over 200 colleagues from the construction sector to gauge their experiences of 2020 and their…
App launched to measure structures’ embodied carbon
Elliott Wood and the Institution of Structural Engineers (IStructE) is launching a free open-source app aimed at tackling the climate crisis.
Costain posts £96M loss due to troubled contracts
Charges in relation to a number of troubled contracts have led to Costain posting a £96.1M loss for the year ended December 2020.
Consultants given new incentive package to see Crossrail home
A joint venture (JV) between Aecom, Jacobs and Nichols Group has been handed a new incentive package for its role on Crossrail.
Sir Peter Hendy reappointed as Network Rail chair for another two years
Sir Peter Hendy has been reappointed as chair of Network Rail for another two year term.
Cost of patching up Parliament doubles to £127M a year
The need to permanently repair the Palace of Westminster has been laid bare in a new report which reveals the soaring costs of temporary works.
‘Most ambitious’ construction skills plan launched
The Construction Leadership Council has published its sector-wide skills plan for construction, developed by industry leaders.
Places on £1.5bn government construction framework up for grabs
The Crown Commercial Service has begun the procurement process for a £1.5bn construction-related framework.
Balfour Beatty records profit and pledges to repay £19M furlough cash
Balfour Beatty will repay the £19M claimed under the government’s furlough scheme as it continues to recover from the impact of the Covid-19 pandemic.