BALFOUR SIGNS FOR £80 MILLION
Balfour Beatty has signed a contract with developer MEPC for the
£80 million redevelopment of the Woolgate Exchange in
Basinghall Street, London, EC2. Balfour was appointed back in March
this year when MEPC pre-let the 45,080m2 offices to Westdeutsche
Landesbank Girozentrale. Balfour Beatty Construction is responsible
for the construction, Heery International is managing the design
process, Stent Foundations is carrying out a £1 million piling
contract and Balfour Kilpatrick has been awarded the £11.2
million M&E contract.
HYDER/LAGAN lead race for £10m water job
The pairing of consultant Hyder and Lagan Holdings, the privately
owned construction and construction materials company, has been
selected as the preferred bidder for the £10 million scheme to
develop and operate the Kinnegar wastewater treatment works in
Northern Ireland. The duo have formed a special-purpose company,
Coastal Clear Water, to undertake the project. The scheme involves
a substantial upgrading of the existing facilities which serve East
Belfast, Holywood and Kinnegar. Hyder will design the project and
Charles Brand, a Lagan subsidiary, will build it.
60 barford site dumper JOBS SHED
Wordsworth Holdings, the parent company of Barford Site Dumpers and
dump truck manufacturer Aveling Barford, has shed 60 jobs at its
manufacturing facility in Grantham. The job losses follow the
departure of group managing director Chris Haynes and Aveling
Barford's managing director Peter Youlton. John Carnall, sales
director of Barford Site Dumpers said: "It's not Barford Site
Dumpers that's led to the job losses but the downturn in exports in
general that has resulted in downsizing." Further job losses were
not ruled out.
REPAIR AND MAINTENANCE BEATS THE GLOOM
Analyst Hewes and Associates is predicting that the volume of UK
construction output will rise about 1 per cent in 1998 before
declining in the following two years. In its latest report, Hewes
predicts that after 1998, output will decline by close to 2 per
cent (or £1 billion) over the years 1999-2000. Repair and
maintenance looks like escaping the downturn and is expected to
continue to rise, but at more moderate rates. New work will feel
the full effects of a slower economy and decline by over 5 per cent
during the two years 1999-2000.
FMB reports workload decline
A workload survey for the third quarter among members of the
Federation of Master Builders confirms the continuing decline in
public sector workload. FMB president Derrick Ovington said: "The
much vaunted release of capital receipts and other regeneration
initiatives have not yet reached small and medium-sized building
firms." Whilst FMB members in the South-west and Northern Counties
reported good workloads, members in South Wales had the weakest
workloads. Growth in the South-east outside London appears to be
constrained by labour shortages. Firms surveyed said bricklayers
and carpenters were in short supply.
New MD for Jarvis airport services
David Bucknall is the new md of Jarvis Airport Services. He
recently retired from Bucknall Group after 35 years with the
company. Jarvis Airport Services operates within its Streamline
Division and is based in Slough.
Homer joins Try as commercial director
Try Construction has appointed John Homer as commercial director.
He has worked with HBG Kyle Stewart for 15 years, latterly as
divisional director. Try's policy is to grow by acting as preferred
contractor for projects up to £50 million.