Bechtel’s contract requirements, Morgan Sindall’s performance and Costain’s waste woes: the numbers behind the past week’s headlines.
173 – HS2’s personnel demands
The US engineering giant is expected to sign the contract within the next week. HS2 has set the company the task of mobilising staff across 11 project teams.
0.2% – Output creeps up in Q1
Construction output grew 0.2 per cent in Q1 2017, according to the latest figures from the ONS. However, this is likely to be revised, as at present 56 per cent of the current data is modelled against 44 per cent based on actual data.
£544m – Sindall enters record book
As a result of the fit-out arm’s performance, the group is now on course to beat expectations for FY 2017, according to its trading update. Morgan Sindall’s overall order book grew 5 per cent to stand at £3.83bn.
+31 – Commercial workloads rocket
20170505 Week in numbers commercial RICS
The pace of growth in the commercial sector has accelerated from a net balance of +18 per cent reported in Q4 last year, according to RICS’ Construction Market Survey.
53.1 – Activity up in April
Last month’s Markit / CIPS Construction PMI hit 53.1 compared with 52.2 in March. It marked the sharpest rate of expansion so far in 2017, with 50.0 representing ‘no change’.
£3bn – Waste PFI terminated
Costain had been contracted to design, construct and commission 46 waste facilities across Greater Manchester. But the deal has been beset by problems, including rectification work on a number of facilities.