Private finance offers hope for future London projects

Transport for London may increasingly turn to private finance to pay for future infrastructure schemes, the authority’s major projects lead has suggested as it continues to grapple with post-Covid funding challenges. But a number of key Government actions will be required to help get investment flowing, according to a policy specialist.

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KPMG sued for reported £1.3bn over Carillion audits

Auditing giant KPMG is being sued for £1.3 billion by the Official Receiver over its allegedly negligent audits of collapsed construction outsourcer Carillion’s accounts, according to reports.

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Construction frameworks review examined in new issue of CL

Outcomes from a ‘Gold Standard’ review of construction frameworks are explored in the latest printed issue of Construction Law which arrived with subscribers this week.

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Kingspan threatened legal action over failed fire test, Inquiry hears

Kingspan attempted to cover up a failed fire test of its Kooltherm K15 insulation by threatening a cladding manufacturer with legal action if it released the results, just a year before the product was installed as part of Grenfell Tower’s refurbishment, it has been revealed.

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Poor performing suppliers to be blocked from contracts

Companies with a track record of poor delivery, fraud or corruption will be blocked from winning public contracts under new procurement rules which were confirmed by the government in its response to 2020’s consultation on the ‘Transforming Public Procurement’ green paper.

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Deregulation contributed to Grenfell disaster, Inquiry hears

Successive governments’ emphasis on deregulation created an environment where the construction industry was effectively enabled to “write its own rules”, which resulted in fire safety being compromised, the Grenfell Inquiry heard.

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Balfour Beatty fined for military housing fraud

Balfour Beatty has been fined £49 million after its United States subsidiary pleaded guilty to defrauding the US military for unearned performance incentive fees relating to the maintenance of military housing communities.

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News in Brief Jan/Feb 2022

Costain is preparing to pay up to £53.5 million to National Grid following a contract dispute in relation to a project to upgrade gas compressor stations in Peterborough and Huntingdon.

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Brewing storm of insolvencies threatens projects

Construction works risk being left incomplete, becoming heavily delayed or going far over budget if insolvencies keep climbing in 2022, a report has warned as major market challenges and inflationary pressure continue to impact the sector.

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Plant firm fined over work at height and welfare issues

A plant hire company has been fined for leaving workers at risk of a fall from height and failing to provide the minimum required welfare facilities during a construction project in Chorley.

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