HS2 chief executive Mark Thurston has told the CN Summit his organisation is “in talks” with contractors to reduce costs and keep the project within its £55.7bn budget.
Vinci Construction UK has been named preferred bidder for the £60m first phase of plans to transform Chester city centre.
Vinci lands £38m Welsh Government FM dealSubscription
Vinci has secured a £38m five-year FM contract with the Welsh Government.
Winners revealed for £560m NHS Wales frameworksSubscription
NHS Wales has picked seven contractors across two new construction frameworks worth a total of £560m.
HS2: Balfour Beatty Vinci hires ex-Carillion MDSubscription
Former Carillion MD for infrastructure Mark Davies has been appointed as managing director for Balfour Beatty Vinci’s HS2 joint venture.
Vinci features and analysis
Highways England’s national resurfacing deal gave Tarmac victory in the monthly league and produced a distorted August top 50 for the second year running.
The value of the top 50 contract wins table hit its lowest point for nearly two years in July as Kier notched up yet another league triumph.
Steady top-50 activity in May saw Wates bag its first ever monthly league top spot and Sir Robert McAlpine fall back in the annual table.
Top-50 contract wins were down month on month and year on year in March as Balfour pipped Kier to the league summit.
The contractor top 50 increased more than 20 per cent year on year in February as Mace signed a single £400m deal to claim first place in the monthly league.