Costain News, Contracts and Projects | Construction News

Tech-connected plant ‘could be worth £400bn to economy’

Joshua Stein — Tue, 15 Oct 2024 12:04:34 +0000

Greater use of technology in the construction sector could boost the UK economy by £417bn within two and a half decades, according to a study by Costain. The UK’s 16th biggest contractor found that extensive use of connected and autonomous plant (CAP) in the industry…

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Balfour Beatty and Costain back ‘groundbreaking’ carbon capture plans

Joshua Stein — Mon, 07 Oct 2024 11:07:55 +0000

Construction firms have begun jostling for position to win the jobs to build two carbon capture and storage (CCS) sites that were backed by the prime minister last week. Balfour Beatty and Costain said they had the tools and skills to deliver the “mega” projects…

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Costain doubles profit as it eyes private sector boom

Joshua Stein — Wed, 21 Aug 2024 10:53:46 +0000

Costain’s focus on key sectors has paid off, with profit doubling in the first six months of 2024. The firm’s pre-tax profit for the six months to 30 June 2024 came in at £17m, exactly double the £8.5m compared with the same half-year period last…

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Eight firms set to gain from £3.7bn water framework

Chris Smith — Mon, 19 Aug 2024 11:02:45 +0000

Eight firms have been appointed by Southern Water to deliver upgrades across its infrastructure network. The utility firm confirmed which firms were awarded contracts under its £3.7bn capital delivery framework covering major infrastructure and works. The strategic partners will deliver new pipelines, pumping stations and…

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Unions agree access to HS2 London tunnel sites

Charlotte Banks — Fri, 16 Aug 2024 07:29:56 +0000

Unions have agreed access to HS2 London tunnel sites, ending a five-year battle. SCS, the joint venture (JV) between Skanska, Costain and Strabag, has signed an agreement with unions Unite and GMB allowing union officials to visit workers based at Euston on site. Union members…

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The top 20 National Highways contractors revealed

Ian Weinfass — Fri, 26 Jul 2024 12:13:29 +0000

Costain was the largest single supplier to National Highways in 2023/24, just ahead of the Balfour Beatty-linked consortium that carries out M25 upgrade work, Construction News can reveal. It marks the third successive financial year that the contractor and consultant topped the roads body’s league…

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Costain and MWH win £65m of water work

Greg Pitcher — Wed, 26 Jun 2024 10:06:42 +0000

Costain is set to work with MWH Treatment on £65m of work for Southern Water. The joint venture, known as CMDP, secured the contracts as part of the utility’s asset management plan 7 (AMP7) programme, which runs until the end of 2025. The deals will…

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Contractor duo recognised for gender equality policies

Joshua Stein — Thu, 20 Jun 2024 11:01:18 +0000

Two of the UK’s biggest construction contractors have won plaudits for promoting gender equality within their businesses. Costain and Willmott Dixon, which placed 12th and 19th respectively in the most recent CN100 list, were both named in The Times’ annual Top 50 Employers for Gender…

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Costain’s A1 dualling scheme gets long-awaited go-ahead

Greg Pitcher — Tue, 28 May 2024 11:47:01 +0000

The transport secretary has green-lit a major road-dualling scheme that was awarded to Costain almost three years ago. Mark Harper acted in line with the Planning Inspectorate’s recommendation, granting a development consent order for the 20km project to upgrade the A1 between Morpeth and Ellingham.…

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Balfour and Costain named on £4bn power station job

Joshua Stein — Mon, 18 Mar 2024 12:46:13 +0000

Balfour Beatty and Costain are among a host of contractors named on a set of works involving a new power station and carbon-capture scheme. The £4bn package is to build a gas-fired power station in Teesside with a pipeline to a new storage facility. Balfour…

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