Tag : Carillion
Two major outsourcing groups working across the UK construction sector have this week announced they are entering administration.
The Specialist Engineering Contractors’ (SEC) Group has backed proposed legislation introduced to parliament this week that would require government and other public sector contracts to make use of project bank accounts.
The September edition of H&V News looks at the wider industry response to a London-specific strategy intended to provide 30 to 40 per cent cashback to SMEs that switch to cleaner boilers. Might such a model benefit a wider national roll-out?
A survey of 372 individuals working across the engineering services sector has found that over three quarters of respondents saw turnover increase or remain steady during the second quarter of 2018, even with increased labour and materials costs.
With a second reading of a bill that would make it mandatory to hold retentions in third party schemes set for October, the industry body expects further support from MPs to push for change
The SEC Group has accused the government of failing to introduce meaningful changes to construction payment practices in response to multiple concerns identified around procurement and contracting following the collapse of Carillion.
Almost nine out of ten local councils in the UK are failing to pay companies for construction work within the legally required 30-day period, according to findings from BESA and the ECA.
The Specialist Engineering Contractors (SEC) Group has welcomed calls from parliament’s Public Accounts Committee (PAC) for government to consult SMEs on how best to introduce project bank accounts and retentions reform in their contracts.
Over a quarter of 316 engineering services firms surveyed on their financial performance have reported a fall in turnover during the first quarter of 2018, the highest falls of its kind in two years. The findings reflect the impact of adverse weather conditions and the fall of Carillion earlier this year.
BESA will hold its second annual conference in London on November 1 with payment reform, Brexit and the technical implications of the soon to be published findings of a major review of building regulations expected to dominate proceedings.
A second reading in parliament of a bill that would mandate the use of accredited third-party deposit schemes to hold cash retentions has been postponed until June 15 after originally being scheduled for this week.
BESA has claimed that over 100 MPs have now expressed support for efforts to ring-fence cash retentions. The claims have been made as the organisation seeks to push regulatory reforms through parliament that would mandate the use of third party deposit schemes.
The UK government is being urged by a key building services body to immediately introduce legislation to tackle the practice of late payments within the construction supply chain, rather than delaying potential reforms in favour of voluntary commitments or further consultations.
BESA has said a recent pledge from chancellor Phillip Hammond to support apprenticeships and tackle the issue of late payments is “timely” as it seeks to pass a new bill into law that reforms how cash retentions are managed.
BESA has said that more than 60 construction and maintenance trade bodies have now lent their support to the Construction (Retention Deposit Schemes) Bill that was introduced to parliament in January as a means to reform payment within the construction supply chain.
Build UK is seeking to introduce a “zero retentions” policy throughout the construction supply chain within seven years as a key policy priority to improve trust in the industry and its practices.
ENGIE has announced it will acquire the long-term heating and building maintenance contracts previously undertaken by Carillion Energy Services Limited on behalf of the Northern Ireland Housing Executive.
BESA and the ECA hope to step up pressure on the government to overhaul cash retentions by calling for the introduction of mandatory third-party deposit schemes in a joint response to a recent consultation.
The Health and Safety Executive (HSE) expects to unveil a preferred candidate by July to oversee the new Gas Safe Register contract, with the first stage of its ongoing retender process expected to close on February 14.
919 employees working on government or key UK infrastructure jobs for collapsed construction giant Carillion will retain their jobs, the Official Receiver has announced. However, 377 employees on the same contracts will be made redundant as a result of the company entering liquidation last month.
Engineering services firms providing gas, fire, heating and ventilation services are owed roughly £75m from construction and services giant Carillion, which formally announced its liquidation last week.
The Construction Industry Training Board (CITB) hopes to begin placing apprentices that were undergoing training with Carillion into new roles over the next week following the collapse of the construction and services giant.
Business secretary Greg Clark has welcomed commitments from several banks to support small businesses facing financial difficulties as a result of the collapse of Carillion earlier this week as specialist contractors seek to assess longer-term impacts on their operations.
Uncertainty remains over the future financial stability of a significant number of SMEs and contractors in Carillion’s supply chain following yesterday’s announcement of the liquidation of the construction and services giant.
The construction industry has reacted to Carillion’s liquidation today by calling for further government commitments to guarantee prompt and transparent payment mechanisms for contractors.