All Contractors articles – Page 372
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FeaturesUnderbidding: Warning! Highly risky manoeuvre
Desperate times call for desperate measures, and in some cases result in suicidal tendencies. As underbidding spirals further out of control, we look at how widespread the practice has become and what – if anything – can be done about it.
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NewsLaing O'Rourke bag £77m Heathrow contract
Laing O’Rourke has won a £77m contract to construct a car park at Heathrow airport
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NewsEaga secures £300m solar project funding
Eaga has secured financing to help fund the installation of solar PV panels on 30,000 homes
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NewsL&Q appoints contractors to £400m framework
Ten contractors on board for housing association’s development programme until 2015
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NewsMiller group sales down 15%
Miller reduced its loss before tax from £72m in 2009, to £58m in 2010
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NewsBuilders broker 1% pay increase
Pay deal negotiated by transport union TGWU and the Federation of Master Builders
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NewsRenew retreat hits 60 jobs at Allenbuild
Allenbuild to close regional office in Wigan as parent company shuts northern business
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NewsMears targets work from failed rivals
Social housing contractor hits out at underbidding as turnover rises 11%
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NewsRenew closes Northern division and abandons public sector work
Renew Holdings will close division in the north of England blaming poor returns and lack of profit in the public sector
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NewsOFT appeal: Kier CEO reacts
Admits that initial OFT finding could have damaged company’s reputation
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NewsOFT bid rigging appeal: Full judgment
Judgment on bid-rigging case was handed down at 4pm this afternoon
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NewsISG boss says London fit-out will not recover till 2012/13
Warning comes despite contractor’s profit rising 73% on £150m sales increase
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NewsBalfour Beatty rules out major acquisitions
Firm wants to focus on ’augmented organic growth’ and PPP markets in the US and Canada
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OFT may appeal tribunal fines cut
Competition body to “consider” appeals tribunal decision to cut bid-rigging fines by 90%
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Kier awaits bid-rigging fate
Kier, along with five other contractors ordered by the Office of Fair Trading to pay millions of pounds for bid-rigging, will find out the fate of its appeal against the fines at 4pm today (Friday). The Competition Appeals Tribunal will hand down its decision to Kier, John Sisk, Bowmer & ...
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CommentContractor results: A turn up for the books
The latest City updates by contractors reveal a surprisingly healthy outlook, says Alastair Stewart. Order books are good shape and margins are rising … among the heavy weights at least