record sales at Weaver Construction
Midlands-based Weaver Construction Group has achieved a year of
record sales having turned over in excess of £36m for the year
ending March 2000. The firm, which provides a range of construction
services, has already secured £15m orders this year.
Rochdale builder kicked off register
The National House-Building Council has deleted Rochdale builder JS
Developments from its register for disciplinary reasons. These
include failure to follow NHBC standards and requirements on
building quality and customer care, as well as failure to
co-operate with NHBC inspectors and the late registration of
properties for cover under the Buildmark warranty scheme.
Treasury reaps £30bn from road users
The British Road Federation has claimed that the Government made
£30bn profit on road users last year, £4bn more than
1998. Its publication Road Fact 2000 highlighted that the
Government raised £35bn in road user taxation, such as vehicle
excise duty and fuel duty, whereas only £5bn was spent on the
network. BRF also claimed that a third of all the incidents causing
congestion are related to the poor maintenance of roads.
CARILLION FAVOURITE FOR MANCHESTER COURTS
The Carillion/Group 4/SGE consortium is thought to be favourite to
become preferred bidder for the £30m private finance
initiative scheme to provide new magistrates courts in Manchester,
according to sources close to the project. The consortium would
only say that it had not yet heard from the client, although it
expected a decision very soon. The other bidder waiting to hear is
the HBG Construction/Babcock and Brown Properties team.
BOVIS LEND LEASE SIGNS TREASURY PFI
The Exchequer Partnership consortium of Bovis Lend Lease, Stanhope
and Chesterton International has reached a financial close on the
private finance initiative project to refurbish and redevelop the
Treasury building in London's Great George Street. Work on the
£118m, 46,000m2 first phase will begin shortly. The Treasury
will reoccupy this area under a 35-year lease. A second phase,
covering a similar size, will proceed when an occupier has been
confirmed. Work will be carried out under a construction management
approach.
NAPIER QUITS HEWDEN
Alistair Napier, plant hirer Hewden's well-regarded chief
executive, left the company last Friday (5 May) "to pursue other
business opportunities". Non-executive chairman Sir John Robb is
acting as executive chairman until a new chief executive can be
appointed. This is expected "before the end of the year".
STEWART TIPPED AS HEAD OF PARTNERSHIPS
James Stewart is being strongly tipped to become the chief
executive of Partnerships UK, the private finance initiative
facilitator. Stewart is head of project capital for Europe at
Newcourt Capital. The Treasury is expected to make the announcement
this week.
ABB wins £4.5m station refurbishment
Laing has chosen West Midlands's firm ABB Building Technologies to
supply mechanical and electrical refurbishment on Railtrack's
Hamilton Square station on the Merseyrail Loop. The contract is
worth just under £4.5m. Up to 40 engineers will be on site
around the clock until work finishes in the autumn.
BOXTEXT: NEWSBRIEF