All Building articles in 2004 issue 29 – Page 4
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News
Kier gets ahead of itself
Construction and housebuilding group Kier said it had completed 1158 housing units in the year to 30 June, 17% more than at the same time last year. The firm said it had a £95m housing order book, 70% more than this time last year.
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News
Court to sentence Balfour Beatty after track death
Balfour Beatty Infrastructure is to be sentenced for safety breaches at the City of London magistrates court on 30 September after an unsupervised temporary railway worker was killed in October 2000.
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FeaturesAccidents will happen
… but that doesn’t necessarily mean you have to pay for them. In an increasingly prevalent compensation culture, we find out why contractors are feeling sick over payouts – and looks at some classic fast ones pulled by industry opportunists.
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NewsRIBA's new boss shocked by 93% failure rate at university
University of Central England closes BA architecture course to new students until investigation is complete
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NewsJohn Sisk blames 54% drop in profit on Iraq war jitters
Confident Irish contractor describes profit plummet as a ‘temporary blip’ and points to strong order book
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News
Abbey posts £40m profit
Housebuilder Abbey posted a pre-tax profit of £40m on sales of £133m for the year to 30 April 2004. The firm has announced that it has bought a 10-acre plot of land in Prague to develop houses on.
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News
Polish flats slash prefab cost by 30%
Keith Hill, the housing minister, this week topped out eight key-worker flats that were in built in south London but prefabricated in Poland.
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NewsNHS LIFT project will net Carillion 30m in five years
Carillion reaches financial close on Birmingham and Solihull NHS LIFT contract
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NewsO'Rourke's global domination starts with 122% profit leap
Turnover rises 20% to £1.66bn in an ‘excellent’ year for Laing O’Rourke, which aims to be a worldwide player
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NewsCTRL team is favourite for 10bn Crossrail
Consortium London and Continental Railways (LCR) has emerged as the favourite to oversee the £10bn Crossrail scheme, which was given government approval on Tuesday
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Comment
A painful omission
Alstom entered into a contract with Railtrack under which there was a pain/gain share provision. Alstom subcontracted part of its works under the main contract to Jarvis. The works were completed and Alstom suffered losses in accordance with the “pain” provisions of the main contract. Alstom claimed that Jarvis ...
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