Costain

Costain is moving its headquarters from Maidenhead in Berkshire to the City of London. The UK’s fifth-largest publicly listed contractor is set to take over the seventh floor of the Mace-built ‘Can of Ham’ building at 70 St Mary Axe. The 1,600 square metre office will have space for around…

Costain has hired two non-executive directors, including the former chief executive of Amey. Steve Mogford and Amanda Fisher are set to join Costain’s board on 1 November and 1 December respectively, and will serve as members of the contractor’s audit, nomination and remuneration committees. Fisher ran Amey from 2019 until…

The managing director of Costain’s transport division, Sue Kershaw, is leaving the company after almost four years. The post, which involves responsibility for the firm’s highways, rail and aviation work, will be taken over by group commercial director David Taylor on an interim basis until a permanent replacement is appointed.…

Costain has landed a £79.8m package of works to improve wastewater quality and protect wildlife for Severn Trent. Obtained through the water company’s capital delivery framework, Costain will carry out work at 16 sites over the next four years. Twelve of the jobs involve Costain working to improve the quality…

Around 25 jobs at Costain are at risk as it considers the future of its £3.5m technology centre in Somerset. The company said it was “repositioning its digital activities” to focus on growth areas and would look to redeploy workers where possible as part of an investment programme that could…

Costain improved its net cash position in the first half (H1) of this year compared with H1 2022, despite a lower revenue, pre-tax profit and operating margin. The firm had £132.1m in cash on 30 June, marking a 38 per cent year-on-year increase. Chief executive Alex Vaughan told Construction News that this…

Costain was the largest recipient of National Highways spending in each of the last two financial years, Construction News can reveal. The contractor and consultant was paid £522.4m by the government-owned roads body in 2022/23,£129.74m more than its nearest rival – Connect Plus, a consortium including Balfour Beatty – a…

The Skanska Costain Strabag joint venture (SCS JV) working on HS2 has been awarded an additional £305.3m by HS2 Ltd. The funds, awarded under the existing £3.8bn contract, will go towards works on Phase One of the new high-speed railway. They relate to planned and agreed changes to the scope…

Five firms have been chosen for a framework contract for decommissioning and asbestos removal (DAR) at Magnox's nuclear sites. Contracts for Lots 1 and 2 have been awarded to Costain, Keltbray and the Celadon Alliance – a collaboration between Altrad Support Services, KDC Veolia Decommissioning Services and NSG Environmental. Kaefer…

Costain has left “one of the most critical road upgrades in the north of England” less than a year after its appointment by National Highways. The contractor was named alongside Balfour Beatty, Kier and Keltbray on the £1.3bn A66 Northern Trans-Pennine project in October, with the firms appointed to work…