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Constructionline

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Coveted single prequal system in industry’s sights

Two of the country’s largest contractor trade bodies have launched the first phase of a plan to create a nationally recognised single prequalification system for construction. Build UK and the Civil Engineering Contractors Association believe they can save the industry up to £1bn by eradicating duplication and inefficiencies if fresh moves gain acceptance. The multitude…

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Capita sells Constructionline to private equity giant

Capita has struck a deal to sell Constructionline to private equity investor Warburg Pincus for £160m. Capita put the division up for sale in January as part of a transformation programme in the wake of Carillion’s collapse. Constructionline is part of the Supplier Assessment Services business which also includes Acclaim and Safety Climate Tool. The…

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