Re: ‘Colleges delayed’, 20 February, page 10, BAM Construction has 11 colleges currently at approval in design stage and waiting further substantial funding from the Learning and Skills Council

BAM estimates that it is costing the colleges, their designers and consultants, the construction supply chain and the local economy a total of about £2m per project per month. BAM is not losing money but, in fact, continues to operate profitably in the current economic conditions.

Richard Gregory, chief executive, BAM Construct UK