More than 20 firms including Mace, Morgan Sindall and Mott MacDonald have signed up to the pilot phase of the government’s Value Toolkit, which aims to help clients make decisions based on the overall value that could be delivered by a construction project. The toolkit, alongside the government’s Construction Playbook,…
Morgan Sindall chief executive John Morgan has made £13m after cashing in 650,000 of his shares in the contractor as part of an “estate planning” move. Morgan sold the shares at £20.50 each yesterday, hours after the firm announced it is on course to beat its 2021 profit target thanks…
Morgan Sindall is on course to beat its 2021 profit target after a better-than-expected start to the year, the company announced in a trading update this morning. Strong performance and high demand in the group’s main divisions has also seen its cash pile soar, with average daily net cash for…
Skanska has topped the March contract league table thanks to a half-billion-pound road job. The contractor landed the A428 upgrade between Milton Keynes and Cambridge last month. The single £507m job meant Skanska had the largest contract haul in March, according to data provided by construction intelligence provider Glenigan. It…
Morgan Sindall has appointed Kathy Quashie as a non-executive director to sit on its main board. Quashie’s background is in the telecoms industry and she is currently a director for UK partnerships at Vodafone, having previously worked at BT and TalkTalk Group. She was included on the Empower Ethnic Minority…
Highways England has awarded contracts worth £285m to upgrade concrete-surfaced trunk roads across the country. Morgan Sindall Infrastructure and Sisk have been appointed to a reconstruction framework worth £218m, with a design-and-build remit to demolish concrete surfaces in poor condition and replace them with modern materials. A separate £67m lifecycle…
Morgan Sindall has been picked to build the £65m Carlisle Southern Link Road. The contractor won the job ahead of competition from Bam Nuttall, Galliford Try and Kier to build the new road to the south of the town, which will be split into two stages, according to minutes from…
Morgan Sindall is to increase scrutiny of its supply chain’s green performance as part of a new sustainability strategy, Construction News can reveal. Subcontractors will now receive a rank from one to five, reflecting their green credentials. At the most basic level (one), subcontractors will have key staff that have…
National Grid has picked nine contractors for its forthcoming £1.5bn RIIO-2 electricity construction EPC framework. Balfour Beatty, Morgan Sindall, Murphy and Babcock are among the winners on the new framework, which will cover the design, engineering, manufacture, supply, project management, construction and erection and commissioning of various aspects of the…
Morgan Sindall’s boss and founder wants his company to avoid entering into joint ventures with other contractors, he has told Construction News. Chief executive John Morgan claims JV arrangements make projects harder to control and create headaches for clients. “We’re not that keen on JVs,” he said. “You don't have…
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