Mersey Gateway

A team comprising Kier and FCC has emerged as the favourite for the £600m Mersey Gateway bridge project, Building understands. The Merseylink consortium is understood to have beaten two rival consortiums to the contract to design, build, finance and operate the new £589m six-lane toll bridge planned to cross the River Mersey. A preferred bidder will be announced in June … Read More

Interserve takes £700m in Q1

Interserve has won more than £700m of new work in Q1 2013 from clients including Jaguar Land Rover and Magnox. Interserve said in its interim management statement that it had won “significant contracts from new and existing clients” and that it continues to invest to drive efficiency gains and facilitate organic growth, as it announced trading is in line with … Read More

Construction News

Carillion has paid £24m for a 49% stake in a Canadian road maintenance and infrastructure business.Under the deal with the Bouchier Group, Carillion has the option to take a controlling interest after five years, buying the firm outright over six to ten years for £43m.The deal build’s Carillion’s base in Canada, now widely seen a safe economy for strong growth … Read More