Interserve Construction awarded £92mn contracts in June
International support services, construction and equipment group, Interserve, has secured contracts to a total value of over £92 million during June.
Many of these projects are supporting the UK’s National Health Service (NHS) including projects for new intensive care units, a number of decontamination facilities in addition to a major contract which will see the reconfiguration of operating theatres for when routine surgery begins to appear in hospitals following COVID-19.
During the next twelve months, Interserve Construction has is aware that more operating theatres will be required across the United Kingdom throughout the year. This is due to the increased backlog of appointments which were delayed and cancelled when hospitals were running at full capacity with coronavirus patients.
A significant investment by the NHS, which was promised by the UK Prime Minister earlier in the week as part of the governments’ , will be required. The NHS Confederation has said that more than nine million patients are currently awaiting surgery which have had appointments delayed and cancelled thanks to the pandemic.
Moving on to other contracts, Interserve Construction has secured business from a number of local authority clients which are setting their eyes on better quality infrastructure including framework projects with utility companies and the development of new schools.
A recent contract was awarded to Interserve by East Riding of Yorkshire Council which will see the delivery of the Hessle Foreshore Tidal Defence Scheme. The project will see a new 700-metre long, permanent tidal defence adjacent to the Humber Estuary costing £11mn. The work is set to provide effective protection against flooding for properties vulnerable to flooding around the Hessle foreshore.
Paul Gandy, Interserve Construction’s Managing Director, said: “In these tough times, with COVID-19 continuing to dampen the UK economy, our June figures are very encouraging. It is a real testament to the relationships we have with our partners in healthcare, education and the wider public sector, underscored by our capability to deliver on these projects, that we continue to win new business.
“Our new business pipeline remains strong and lays solid foundations for Interserve Construction as we emerge from the COVID-19 lockdown.”
Headquartered in the UK, Interserve Group Limited is one of the world’s leading support services and construction companies. The company has a workforce of around 53,500 people worldwide and a consolidated revenue of £2.9bn.
Skanska secures $84m Portland Airport upgrade contract
Skanska's share of the contract amendment is worth US$84M, which will be included in the US order bookings for the second quarter.
The amendment includes work on the Terminal Core Expansion project, comprising structural, mechanical and electrical work and enclosure. Construction is underway and scheduled for completion by 2025.
With annual travelers expected to climb to 33 million by 2045, the Terminal Core Redevelopment project is a vital expansion that ensures PDX will be able to serve the community well into the future.
Hoffman will install a new 9-acre large-span roofing system over the entire terminal core complex, build a 150-foot multi-floor addition between Concourses C and D, and add new pre- and post-security concessions.
The renovated passenger entry terminal will double the size of the current ticketing and lobby area when it opens in 2025. It is also replacing 16 old passenger boarding bridges plus equipment throughout the PDX concourses. Gate count is critical for PDX operation, so the team must coordinate with each airline to replace one bridge at a time. In addition, Hoffman is rebuilding and enlarging Concourse B. The project is targeting LEED Gold.
Skanska USA recorded sales of SEK66 billion in 2020 and has about 7,600 employees in its operations.
In other recent developments:
- Skanska has sold an elderly care home in Sollentuna outside Stockholm, for about SEK280M, to Altura and lease agreements have previously been signed with Nytida and Vardaga.
- The group has also divested a residential project consisting of rental apartments, senior apartments and a home for people with special needs in Malmö, to Bantorget Hyresbostäder for SEK300M.
- Skanska has joined the climate initiative Leadership Group for Industry Transition (LeadIT) that gathers countries and leading companies committed to action to achieve the Paris Agreement.
- Skanska has, through Cementation Skanska, signed a contract with the Skanska Costain STRABAG joint venture for major piling works for the London Tunnels section on the HS2 high speed railway.