Digging into the numbers behind a new JV at Hinkley Point C, Royal Liverpool Hospital’s latest update and affordable homes on TfL land.
2,500 – Hinkley rooms to service
Balfour and NG Bailey, whose existing JV has been installing cabling and equipment, will now join forces with Hinkley’s other mechanical, electrical, heating and ventilation contractors Altrad, Doosan Babcock and Cavendish Nuclear. The firms will form a single entity to deliver the M&E work and the installation of cabling and pipework in the power station’s 2,500 rooms.
4% – Fall in housing starts
Housing starts in England fell 4 per cent– both quarter on quarter and year on year – for the three months to June, according to government figures. However, completions were up 7 per cent on a quarterly basis and by 5 per cent annually.
100 – Packages on town hall refurb
Just Laing O’Rourke and Lendlease are left in the race to serve as management contractor on the Grade I-listed town hall’s refurbishment. As part of the management contractor role, the successful firm will manage the finance and procurement of works on the refurbishment.
450 – TfL affordable homes
The agreement will see AfL create homes on TfL land near tube stations, using modular methods to help unlock sites previously deemed unsuitable for development. Planning applications for the three developments are expected to be submitted later this year.
27% – Esh’s three-year decline
Esh Group has seen turnover decline by 27 per cent between its 2014 peak and 2017. Chief executive Andy Radcliffe told Construction News the group had become too diverse and that it had grown too rapidly. He added that turnover could fall in the current business year as Esh focuses more on profit margins.
2020 – New hospital target date
Health minister Stephen Barclay confirmed the government was stepping in after backing plans by the NHS trust to terminate its PFI deal. The trust had earlier concluded that they would be unable to complete the works under the original contract’s terms.