Royal BAM

Turnover was stable but pre-tax profit fell in Bam’s UK construction arm in 2023, partly due to rising costs on an unnamed major project. Bam Construct & Ventures said it made revenue of €1.05bn (£900m) for the calendar year, compared with €1.06bn in 2022, in unaudited figures announced today by…

Bam Construct’s preconstruction services agreement (PCSA) for a new £50.4m ‘super school’ in Northumberland has been extended by the county council. The council cabinet agreed on Tuesday (12 December) to issue an early works instruction “as an extension of the current PCSA up to the value of £1.4m to prevent…

Royal Bam topped the monthly contractors’ league table in July for the first time since 2020, after it was chosen to build converter stations at each end of a £2bn undersea cable between Scotland and England. The firm was awarded £500m for its share of work on Eastern Green Link…

Bam UK & Ireland has said it will be cutting jobs as it undergoes a “realignment” of its construction business. In a statement, it said the overhaul will see Bam’s number of “operating regions” reduced from seven to five. Its North West and North East regions will be merged into…

The impact of rising costs mean that a major new development in Gateshead is set to be delivered more slowly and in three delivery packages. Revised plans have been approved for the 12,500-capacity Sage Arena and International Conference Centre in the North East town, which was previously approved in March…

Bam Construction has been appointed lead contractor for the first phase of a £210m cultural regeneration scheme in Huddersfield. The Our Cultural Heart scheme will see the refurbishment of the former Queensgate Market and Huddersfield Library buildings to house a food hall, museum and gallery that will sit alongside a…

A dispute between Bam Nuttall and Cambridgeshire County Council over alleged defects on a guided busway has been settled out of court for an undisclosed sum. The £152m busway, which links Cambridge to the Cambridgeshire market town of St Ives, was completed in 2011. However, the council was seeking compensation…

Big names such as Kier, Wates and Morgan Sindall have secured spots on an £800m public sector building framework. Bam Construction, Bowmer & Kirkland, Brims Construction, Caddick Construction, Equans, Sir Robert McAlpine, Robertson and Tilbury Douglas are also among the 24 contractors – out of 34 proposed firms – to…

A major Environment Agency framework featuring contractors including Bam Nuttall and Kier has been extended for four years. Launched in 2019, the collaborative-delivery framework is part of the body’s £5.2bn capital investment programme. The arrangement originally ran through to 2023 and included the option for it to continue for an…

Royal Bam Group has reported a slight increase in revenue from its UK and Ireland division in 2022, despite supply chain challenges affecting its civils arm. Overall, Bam UK and Ireland saw a 5 per cent increase in revenue in 2022 to €3.1bn (£2.8bn). Despite this, adjusted earnings before interest,…