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The former finance chief of Carillion has been banned from being a company director for 11 years. Zafar Khan voluntarily agreed with the disqualification by the Insolvency Service who are also pursuing cases against other former Carillion directors. A spokesperson said: “The Insolvency Service, acting on behalf of The Secretary of State for Business and Trade, has accepted a disqualification undertaking from Zafar Iqbal Khan for 11 years for his conduct as a director of Carillion Plc.
By Luke Carothers Currently under construction in Egypt is a two-line monorail rapid transit system, which, when completed, will be the longest driverless monorail system in the world. The completion of the Cairo Monorail will create the first public transportation links from the New Administrative Capital and 6th of October City to the Cairo metropolitan area, facilitating the movement of residents and visitors of Greater Cairo and reducing the usage of private cars, leading to a reduction in C
McLaren Construction is moving from its historic home in Brentwood, Essex to a new national headquarters in Canary Wharf. The move will see 240 staff from Essex and McLaren’s City of London office join forces in their new Canary Wharf base at Churchill Place in September. A further 700 site-based, Midlands & North and UAE colleagues will use the space periodically to share expertise.
Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.
Dennis Mordan is the Vice President and Principal at O’Donnell & Naccarato where he oversees multiple mass timber projects. Mordan has been in the AEC industry for 34-years, and has worked structural design for a variety of project types including institutional, residential, higher education, and healthcare. Four years ago in 2019, Mordan was first introduced to Mass Timber, and quickly noticed it as an emerging and unique opportunity for change in the construction market.
Civils and construction specialist Careys is looking to bounce back from a “turbulent” year which saw the main contracting business record a £35m loss. Accounts filed for parent company Araglin Holdings Ltd for the year to September 30 2022 show a record pre-tax profit of £30m from a turnover of £366m bolstered by a £65m profit from property and land sales.
Civils and construction specialist Careys is looking to bounce back from a “turbulent” year which saw the main contracting business record a £35m loss. Accounts filed for parent company Araglin Holdings Ltd for the year to September 30 2022 show a record pre-tax profit of £30m from a turnover of £366m bolstered by a £65m profit from property and land sales.
By Luke Carothers Andrei Sueran founded Graphein nine years ago on a leap of faith with his business partner Eurgen Ursu. While Sueran says that simply starting a business in itself is an adventure, starting Graphein was even more of a fraught road. This is because pitching Graphein meant pitching new technologies and solutions to a market that Sueran says favors “the good old ways.
Staff hit by the collapse of Ilke Homes are planning to take legal action over claims that it failed to properly consult staff before making them redundant. The offsite specialist went into administration last Friday announcing most of the 1,100 staff would be made redundant with immediate effect. A small number were retained to assist the administrators AlixPartners with the winding up process.
Errors and rework remain an acute headache within US construction, especially for critical infrastructure projects, particularly from a waste/carbon perspective. Recent estimates put the cost of rework at around 5 percent of total project costs, and also suggest it accounts for more than 30 percent of all work on site. It’s a situation that requires urgent pain relief.
British Offsite, the MMC specialist business owned by house builder Weston Group, has launched its £45m automated factory to produce light gauge steel panel systems for the industry. The firm has invested in the new 137,000 sq ft Horizon factory in Braintree banking on the flexibility its system offers building designers over box-like volumetric designs.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
In the construction industry, finding ways to save on building materials can significantly impact the overall project cost. Whether you're a contractor, builder, or homeowner, purchasing building materials at lower rates can help you stay within budget while ensuring the quality of your construction.
Despite growing concern about Thames Water’s high debt levels, the water company is pressing ahead with the race to find consultants to head up its strategic water resources options plan. Thames is seeking technical partners to explore ambitious plans to transfer water from other regional water companies using a new national pipeline network as well as drawing up plans for new reservoirs in the south east.
By Luke Carothers The construction industry has made tremendous progress in terms of the number of women represented. Not only are there more women in the construction industry than ever, but the number of women in the industry has increased steadily since 2016. Data from the Bureau of Labor Statistics shows that, as of August 2022, women made up 14 percent of the construction workforce.
Lendlease has announced that the head of its Italy and Continental Europe business, Andrea Ruckstuhl, has become new CEO of its overall European operations. He takes over from CEO Europe, Neil Martin, who retires this September. Joining the company in 2005, Ruckstuhl has more than 25 years’ real estate experience – including more than 18 years with Lendlease.
Generative AI is already transforming how the construction industry operates. This concise guide walks you through its real-world impact on design, planning, job site logistics, and sustainability. Learn how contractors are using AI to reduce costs, improve worker safety, and shorten build times. Get a detailed look at the tools and platforms making it possible, including AI-driven robotics and material optimization.
By Greg Norris, B2W Software Palmer Paving is no stranger to benefits of software technology, and a unified approach to estimating, performance tracking and accounting continues to pay dividends. Technology systems at the company based in western Massachusetts include B2W Estimate and B2W Track from B2W Software and the Vista accounting/ERP program from Viewpoint, all Trimble companies.
Former boss of collapsed Midlands civils specialist nmcn Lee Marks has joined cladding contractor Permasteelisa as group chief operations officer. Marks will report to group chief executive Lee Cummins who himself only took up the top role at the facade specialist in February after three years as group MD at Kier and before that nearly 16 years at Laing O’Rourke Marks brings over over 34 years experience in construction.
Mobility is now a major focus of local infrastructure planning. It is a critical component of almost everything public officials want and need to accomplish. Many of the objectives cannot be accomplished, however, without the inclusion of new technology designed to deliver efficiency, safety, equity and sustainability. Mobility projects currently in development have many common components including bus rapid transit, light rail and active transportation.
As Housing Costs Rise, Fixer-Uppers Are Being Left Behind ldeakins Mon, 07/03/2023 - 11:18 High property prices and expensive home loans are making fixer-uppers less affordable and less desirable among today's budget-conscious buyers High mortgage rates are turning today’s buyers away from fixer-uppers, which have become more costly as the rates for home loans and construction loans have both increased on top of high property prices, The Wall Street Journal reports.
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
By Dan Culli , GIS Consultant at Locana In this recent article in Civil + Structural Engineer Magazine , my colleague Mike Housby wrote about how managers of large capital projects are swimming in data that has the potential to help them make better, faster decisions. But there is a problem: there are several obstacles to making that data truly consumable and actionable.
Looking for More Affordable Rent? Start With These 10 Cities ldeakins Mon, 07/03/2023 - 11:25 Rents are falling the fastest in these metro areas, but increased affordability also goes hand-in-hand with dwindling supply Monthly rents dipped 0.5% year-over-year in May to a median of $1,739 in the nation’s 50 largest metropolitan areas, and while that may not seem like a substantial drop, it marks the first time in years that U.S. rents have dropped annually.
By Ezequiel Tovar What does it mean to be an owner at your firm? It’s lonely at the top–or so they say. When was the last time you asked? When was the last time you had the opportunity to ask? In my time at Zweig Group, I have had the opportunity to meet with numerous owners and observe traits that make a principal worthy of their title, but also the realities that come with the title.
Contract Signings Slow Despite Strong Buyer Demand ldeakins Mon, 07/03/2023 - 11:41 Pending sales are falling, but housing activity is still lively across much of the U.S., especially in the new-home market Pending home sales fell 2.7% month-over-month in May, but that doesn’t mean buyer demand is dwindling. Instead, low inventory is the primary reason why contract signings are down 22% from a year ago, according to the National Association of Realtors (NAR).
The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
By Luke Carothers Adam Kersnowski is a co-founder of Airworks, a Boston-based leading AI-powered geospatial intelligence solution. Kersnowski’s background is in the construction industry, having owned and operated a construction company in the Boston area for 14 years. During this time in the construction industry, Kersnowski’s company worked on both commercial and residential projects.
Fannie Mae’s Revised Housing Forecast Suggests Less Volatility in 2023 ldeakins Mon, 07/03/2023 - 11:47 Fannie Mae recently revised its housing forecast to reflect strength in U.S. home prices amid a widening supply shortage After predicting a 4.2% home price drop in 2023, Fannie Mae revised its house forecast last week with a projected 1.2% price decline in 2023 followed by an additional 2.2% decline in 2024, Fortune reports.
The closing of the 2023 Engineering Drone Video of the Year Competition marks a period of celebration that not only recognizes the outstanding videos that graced this year’s competition, but also the tremendous impact that drones and UAV technology have had on our wide-reaching industry. The 2023 EDVY finalists represent projects from eight different states as well as Puerto Rico.
Construction management plays a vital role in the successful completion of construction projects, ensuring they are delivered on time and within budget. If you are interested in pursuing a career in construction management, it's important to understand the field and the educational paths available to you.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
By Luke Carothers When it comes to discussing sustainability in the AEC industry, there is a tendency to focus on environmental concerns. Much of this conversation revolves around things like energy efficiency and emissions, but this has begun to change in recent years. The definition of sustainability in the AEC industry is evolving to view our impact on the built environment as a balance between environmental concerns, biodiversity, and social justice.
High Speed 2 Ltd (HS2 Ltd) has paid an additional £305.3M to Skanska Costain Strabag JV (SCS) for works on London tunnels. The post HS2 Ltd forks out additional £305.3M to Skanska Costain Strabag JV for London tunnels appeared first on New Civil Engineer.
There have been several significant advancements in autonomous systems in the last decade, particularly in the field of self-driving cars. Whether it’s a self-driving car from Google or Tesla, there has been no shortage of headlines proclaiming the future of travel. While these accomplishments and advancements are significant in our time, they point to a much larger historical trend that makes such technological innovations an inevitability and suggest that their true potential may yet be
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