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NCE Live News Updates 9 May 2013: order books plummet

16.21: Italian firm Impregilo has been awarded a $254M (£163M) design and build contract for a rainfall and waste water collection and treatment system in Washington DC, USA.

The “Anacostia River Tunnel” is part of DC Water’s “Clean Rivers” project and involves the construction of a 3.8km hydraulic tunnel under the Anacostia River. It will collect and convey waste water and rainfall seperately to prevent pollution.

The project is expected to take four-and-a-half years to complete.

 

16.13: Network Rail has begun work to replace a high-risk footbridge in Fishbourne, Sussex.

The existing bridge has been the scene of three deaths and 22 near misses with trains in recent years.

Fishbourne

Fishbourne: The old bridge was the site of 3 fatalities

The new footbridge will provide step-free access over the railway.

Work is due to be completed in August this year.

 

11.45: Contractor Morgan Sindall performed below expectations in the first quarter of 2013, the firm announced today.

“General market conditions are expected to remain difficult throughout 2012 and no significant short-term improvement is envisaged,” said the firm in a statement. “…The Board is confident that the business is well-positioned to benefit from profitable opportunities as they arise, with a strong bias towards the second half of the year.”

The firm’s forward order book was at £3.2bn, up 6% from the end of 2012.

 

11.00: Consultant Atkins has won a contract to design a new train station in Carlsberg City, Denmark.

It will be working with consultant Grontmij and Architect Gottlieb Paludan Architects.

Atkins will be responsibe for designing and engineering signal technology, security surveillance and passenger information alongside other rail disciplines.

Work will be carried out in two phases to prevent disruption to the city’s rapid transit network.

 

- The California High-Speed Rail Authority has awarded Balfour Beatty subsidiary Parsons Brinckerhoff a £78M programme mangement contract extension.

Parsons Brinckerhoff has been working on the California High-Speed Rail project since 2006.

The programme manager is included in all aspects of the project, including procurement of design-build contracts, economic impact analyses and environmental review.

 

10.30: The ICE has urged the government to use its legislative power to boost water storage.

The Queen revealed yesterday that legislation ‘to improve the water industry’ would be brought to Parliament in the next 12 months.

ICE policy manager Andrew Wescott said: “We would like to see a Bill that looks at water uses in agriculture, industry and the environment as well as business.

“We would also like the Bill to strengthen the provision of water storage facilities on farms and elsewhere. This should include small and medium facilities to ensure we can collect water when and where it is in abundance, allowing us to prepare for the long term.

“Finally we want the government to ensure any changes introduced by the Bill do not affect the consistency of investment the industry needs to deal with climate change and other future challenges.”

 

10.00: The government has awarded a total of £21 million to a range of schemes aimed at bringing low carbon technology to market.

The Department of Energy and Climate Change announced the funding through the Energy Entrepreneurs Fund, Energy Storage competitions and the Advanced Heat Storage scheme.

Energy and Climate Change minister Greg Barker said: ““This new investment will give these organisations the boost they need to drive forward the development of a range of innovative low carbon designs, helping cut costs and bring new technologies to market in this sector.

“Innovation is vital for the move towards a low carbon economy and it’s great to see so many entrepreneurs rising to the challenge. I wish the winners every success with their projects.”

 

9.30: Consultant Genivar has almost trebled its revenue in a year.

The company posted revenue of CAD$478.7 million (£306m) for the first quarter of 2013.

This was up from CAD$163.7m in the same period a year earlier – a rise mainly attributed to the acquisition of WSP.

Genivar’s earnings before financial expenses, income tax expenses, depreciation and amortization grew from CAD$21.2m to CAD$37.1m over the same period.

NCE reported last month that Genivar WSP would be rebranded to WSP Global. The firm will be headquartered in Montreal and operate in more than 35 countries with over 15,000 staff.

 

9:00: Civils contractors’ order books have fallen again, according to a survey.

A balance of 7 per cent of those polled by the Civil Engineering Contractors Association had seen their pipeline of work shrink in the year to Q1 2013.

This was the third quarter in a row that the Workload Trends survey had shown a year-on-year decline in order books.

Workloads were essentially flat on the first quarter of 2012, while tender prices were down.

CECA director of external affairs Alasdair Reisner said: “The construction sector is holding back the rest of the economy – whereas it should be acting as a motor for growth.

“CECA believes there are steps the government can take in its forthcoming spending review to address this.”

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