A bank that doesn’t go far enough?

One thing that can be confidently said about the newly announced National Infrastructure Bank (NIB) is that it won’t be funding very much of the procurement of the UK’s national infrastructure.

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Government to take charge in Liverpool after building contract concerns

Government is proposing to take over parts of Liverpool City Council following reports of misconduct in the authority’s planning, highways, regeneration and property management functions, including the awarding of “dubious contracts” and “an overall environment of intimidation”.

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Multiplex fails in bid to sue design firm over 100 Bishopsgate losses

An attempt by 100 Bishopsgate main contractor Multiplex to sue the insurer of a design checking consultancy – in liquidation – over losses suffered on the project has failed following a ruling in the Technology & Construction Court.

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Kingspan boss denies political lobbying over combustible products

A former Kingspan boss has denied that his attendance at a Palace of Westminster dinner alongside two other senior staff from the firm was intended to gain “political support” for a campaign to avoid a ban on combustible construction products.

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Handling of Magnox procurement and litigation slammed

Flaws in procurement design and execution left the Nuclear Decommissioning Authority open to legal challenges following the award of a contract to decommission 12 Magnox sites, an inquiry has reported. It adds that corporate governance deficiencies including ‘optimism bias’ contributed to the contract’s eventual failure and renegotiation.

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Firms handed fines over collapsed platform injury

Two construction companies have been fined following an incident at a housing site in County Durham where the failure of a working platform resulted in injury to a bricklayer.

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Financial settlement in sight over Carillion audits

A settlement could be drawing closer between KPMG and the Financial Reporting Council over alleged breaches of auditing standards in the former’s assessments of Carillion’s finances in the years before its collapse.

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Risk of huge bill on expiring PFI contracts

Large sums of taxpayer’s money risk being wasted as a wave of Private Finance Initiative contracts expire without careful management by the public sector, the Public Accounts Committee has warned in a new report out today (Friday 19 March). Establishing procurement strategies early to replace the PFIs will be important, one lawyer says.

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Negligent firms could be excluded from government work

Contractors which have demonstrated “gross professional negligence” on previous projects could be prevented from winning future government work, the Prime Minister has indicated.

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