Contractor to work with Beijing company on Airport City.
4.30pm: Balfour Beatty is to build a $124M (£77M) road in North Carolina.
The US arm of the London-headquartered contractor has been awarded the I-140 Wilmington Bypass project.
It will involve building 2.4km of four-lane road including 10 bridges, one of which will be a 2.19km long crossing of the Cape Fear River in North Carolina.
The project is scheduled to begin in October 2013 and finish in April 2018.
4pm: Costain is set to secure Crossrail’s Paddington New Yard scheme.
Crossrail announced its intention to award the C336 contract to the firm, subject to the standard 10-day standstill period.
The contract includes the construction of an 180m-long elevated bus deck; relocation of an existing concrete batching plant; and preparatory works for the installation of new rail track.
Paddington New Yard was previously used for the maintenance and overnight stabling of buses.
3.30pm: Three in 10 companies in the construction sector were involved in a contract dispute last year, research has revealed.
A poll of 1,000 clients, contractors and consultants by RIBA Enterprises subsidiary NBS found that 30% had been involved with a contract that entered dispute in 2012.
This was up from 24% in the previous year. Almost half of those questioned said the number of disputes in the sector had increased.
Half of the disputes reported in 2012 had a value greater than £250,000, while more than a tenth had a value in excess of £5M.
10.30am: Campaigners will today launch a legal challenge to the work of a panel investigating how to solve the UK’s airport capacity crisis.
Stop Stansted Expansion will file an application for a judicial review of criteria used by the Airports Commission to determine where to build new runways.
The campaign group will call for a delay on the publication of a shortlist until the selection criteria have been redetermined.
The government-commissioned Airports Commission, chaired by Sir Howard Davies, is due to publish an interim report at the end of this year.
10am: A British-Chinese joint venture is to build an £800M business park at Manchester Airport.
Wolverhampton-based Carillion, Beijing Construction Engineering Group and Greater Manchester Pension Fund will develop Airport City.
The the 460,000m2 scheme will include manufacturing, warehousing, offices, hotels, retail and leisure outlets.
Chancellor George Osborne announced the investment at the start of a visit to China.