Browsing Tag
Supply Chain
The latest data from the Building Cost Information Service (BCIS), shows tender prices increased by an estimated 0.7 per cent between 4Q2025 and 1Q2026, resulting in a 2.8 per cent annual growth in the BCIS All-in Tender Price Index (TPI).…
BuildingConfidence Gold strengthens supplier assurance in construction
~ Accreditation places OryxAlign on assurance frameworks used by tier one contractors ~ Built environment and construction-focused technology service provider OryxAlign has achieved BuildingConfidence Gold accreditation from Achilles,…
Cost of construction tenders set to rise
Construction tender prices are set to climb by up to 5.0 per in 2026, threatening costs for key UK programmes and challenging project viability, according to new data from global professional services company Turner & Townsend. In its…
Red Construction Group reports £170m turnover and senior leadership appointments
RED Construction Group, a specialist main contractor, has announced its results for the 2025 financial year. Reporting a turnover of £170.8 million, the company continues to achieve sustainable profit, with the near 50 per cent turnover…
Funding secured to tackle £21bn quality crisis in construction
A major funding package has been secured to help the UK construction sector address the estimated £21 billion in losses each year from poor workmanship. Regeneration specialist, Equans, has secured £193,000 in Industry Impact Funding from…
VINCI completes FM Conway acquisition
VINCI Construction signed an agreement on 31 January 2025 completing its acquisition of infrastructure services business FM Conway. FM Conway now joins the network of VINCI Construction to support the further growth of the company. With a…
Tender prices rise by 0.8%, reports BCIS
Latest data from the Building Cost Information Service (BCIS) shows tender prices increased by an estimated average of 0.8 per cent between 3Q2024 and 4Q2024. The increase resulted in 2.3 per cent annual growth in the BCIS All-in Tender…
Aylesford Electrical gain two finalist spots in Electrical Industry Awards
Aylesford Electrical Contractors Ltd has been shortlisted as a finalist in two categories at the highly respected 2024 Electrical Industry Awards. The company has secured finalist places for EV Charging Installation of the Year and…
Building costs forecast to rise 15% in next five years
The latest construction forecast data from the Building Cost Information Service (BCIS) shows building costs are set to increase by 15 per cent over the next five years, while tender prices will rise by 20 per cent over the same period. As…
BSIA releases updated cyber exposure mitigation code of practice
The British Security Industry Association (BSIA) has updated its manufacturers’ code of practice that recommends on the design, testing and manufacture of safety and security products with a cyber exposure, whilst aligning with major new UK…
Projects struggle to attract bidders as uncertainty lingers
The latest UK Construction Market Report from international property and construction consultancy, Gleeds, reveals contractors are remaining selective about taking on new work, with almost 90 per cent saying they or their supply chain had…
Kier to design new Government Hub in Darlington
The Government Property Agency (GPA) has appointed Kier as its initial delivery partner to create a new state-of-the-art hub at the Darlington Economic Campus (DEC). The organisations have just agreed a pre-construction services agreement…