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work

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Selective bids and construction management pay off for Lendlease

A continuing focus on selective bidding and a construction management model has helped increase UK margins at Lendlease to 3.3%. Latest results for the year to June 30 2018 show construction margins up from 2.8% last time. The European division – which is dominated by the UK – saw pre-tax profits rise to £19m from…

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Majors told to advertise public work subcontracts

Contractors securing major Government projects will be forced to advertise all subcontract work not already signed-off at the time of winning a bid. The plan to make contractors advertise opportunities on the Government’s Contract Finder Service forms part of a fresh drive to level the playing field for smaller businesses. Main contractors will also be…

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Government unveils £600bn of construction work

The government announced its latest National Infrastructure and Construction Pipeline today containing £600bn of planned work over the next decade. The government announced its latest National Infrastructure and Construction Pipeline today containing £600bn of planned work over the next decade. In a blizzard of figures and policy promises, officials also unveiled plans to save £15bn-a-year…

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