Costain

Costain has appointed former Rolls-Royce head of digital Neil Crockett as a non-executive director. Crockett will join Costain’s board early next month and sit on the company’s audit, remuneration and nomination committees. Crockett held senior roles at technology firm Cisco for almost a decade and was chief digital office at…

Five bidders have been shortlisted to deliver two roads contracts worth a combined £1.9bn for the Lower Thames Crossing. National Highways has today revealed four outfits are competing to deliver roads in Kent and two are in the running in Essex. The bidders are: Kent Roads (lot one) – £600m:…

Positioning itself as a contractor that can help clients make the most of their digital and data capability is key to continued growth for Costain, its chief executive has said. As reported yesterday on Construction News, the contractor bounced back from its disastrous 2020 where it made a £92.3m loss…

Costain swung back into profit in the first half of 2021 as the firm rebounded from a disastrous 2020, and nearly doubled its month-end net cash balance. In interim results for the half-year ended 30 June 2021 released this morning, the contractor reported a pre-tax profit of £9.1m, compared to…

Crossrail has committed to opening in full by May 2023. Passengers will have to change trains along the route. Those travelling eastward from Reading or Heathrow will only be able to travel as far as Paddington where they will have to change. Those travelling to the west from Shenfield will…

McLaren topped the contract wins league table in July thanks to a new residential focus scheme in London. The construction group has signed up to deliver British Land’s 136,000 square foot Aldgate Place phase two scheme in Tower Hamlets for £72m (pictured). The build contract, which will include the construction…

Kier Highways was the largest recipient of Highways England spending in the last financial year, Construction News can reveal. The contractor earned £312m from its work with the government-owned roads body, putting it ahead of both Balfour Beatty and Costain, a Freedom of Information request has revealed. Kier’s Infrastructure and Overseas…

A Costain-led consortium has won funding for a feasibility study that could lead to the construction of railway-style overhead power networks for UK motorways. The proposal aims to provide overhead power for electrified HGVs, in a manner previously reserved for electric trams and trains, to dramatically cut the carbon emissions…

Galliford Try has said its trading performance over the first six months of 2021 has been unaffected by the material shortages and inflation seen across the construction sector. In a trading update for the six months to 30 June, the firm said its “disciplined approach to bidding” and “active engagement”…

Costain has won the contract to deliver a £138m upgrade to the M60 Simister Island interchange. Costain will take charge of design and construction work at the interchange that connects the M60, M62 and M66 in Manchester. The project will include a new link between the eastbound and southbound roads…