Morgan Sindall chief confident over Crossrail

Aaron Morby 14 years ago
Share

Morgan Sindall expects to gain market share from rivals after bringing construction and civil engineering under a single brand.

Graham Shennan, managing director of the new £1.5bn turnover Morgan Sindall business, told the Enquirer: “We have received a positive response to the idea from all our clients.

“Bringing construction and infrastructure together under the Morgan Sindall name gives us a very robust business and I would back us to gain market share. ”

Shennan said Morgan Sindall was fixed on achieving its goal of being the leader in UK construction and infrastructure.

He also said he remained optimistic about Crossrail and school building work under the new Government.

Shennan said “Crossrail may be slowed down a bit but the project has real momentum, which will continue.”

He also believed school building work will remain a mainstay for contractors.

“There has been a lot of talk about cuts to BSF. I believe school building will go-ahead but in a different fashion.

“There is a lot of work that needs to be done and still a lot of private funding available.”

The newly-branded business boasts a springboard of major infrastructure frameworks secured in recent weeks.

Shennan said he hoped to see further airport contract awards shortly, building on Morgan Sindall’s strong orderbook with BAA.

Utility work, which now accounts for around £250m of group turnover, is expected to rise during the year.

Seven Trent, Welsh and Yorkshire Water have signed Morgan Sindall for Amp 5 work. And last month the firm secured a £400m deal over 10 years with E.ON to replace overhead and underground power lines.

Morgan Sindall’s tunnelling arm is mobilising to start work this year on the £400m Lee Tunnel project in London, awarded by Thames water at the start of the year.

Shennan said that the building side had some notable recent wins and financial close was shortly expected at its £100m Tayside Acute Adult Mental Health Developments PPP.

Latest news

Early bond release key to averting industry surety crisis

Contractors must put pressure on clients to release bonds promptly
2 days ago

Over 1000 building safety cladding retrofits completed

25% of safety retrofits finished seven years after Grenfell disaster
2 days ago

Steel import delays make Rangers miss kick-off

Construction work at Ibrox will not be finished by start of next season
3 days ago

Lidl looking for new contractors for store building plans

Sign up for events in Newcastle, Glasgow, Birmingham and Southampton
2 days ago

Utility firm GTC revs up for ground source heat pump era

Contractor and heat pump maker strikes ground-breaking deal
2 days ago

Amey switches kit supplier to Speedy from HSS

New plant and equipment hire deal worth £25m a year
3 days ago

Clients under spotlight after bond bombshell

Contractors call for action to avoid project delays
3 days ago

M&E specialist Lorne Stewart falls into the red

Parent group suffers £2.8m loss in face of cost inflation and insolvencies
3 days ago

Four men rushed to hospital after site accident

Eye-witnesses report a wall was knocked over on Edinburgh site
4 days ago

World’s tallest scissor lift set for UK sites

Hire Safe Solutions partners with Dingli to supply lift with working height of 37 metres
3 days ago

Barhale wins £36m East London sewer remediation

Northern Outfall Sewer in West Ham runs above railway lines in the city
3 days ago

Weston Homes thumbs-up for £220m Essex homes scheme

Colchester 600-home Viridis scheme gains outline consent
3 days ago

Balfour seals £192m deal for trio of Scottish substations

Work to start this summer to enhance electrical transmission in Argyll
4 days ago

Construction bond bombshell as major player quits market

QBE currently provides cover for 20 of the industry's 30 biggest contractors
4 days ago

United Utilities names another 18 winners for £2.7bn water spend

Water giant cuts out large management contractors in latest spending round
5 days ago

Green light for £130m Dundee Eden project

Former gasholder site to be transformed into green house
4 days ago

Four tower scheme in Glasgow gets green light

Go-ahead for major mixed-use scheme at Central Quay
4 days ago

‘Green collar’ construction workers earning £134,000

Cost consultant T&T says insulation and heat pump trades earning £70 an hour in London
4 days ago

£65m Trafford Waters resi blocks approved

X1 Developments plans over 200 homes in 13- and 8-storey blocks
4 days ago

Over 100 firms win £1.5bn ICN housing framework

Great Places Housing Group names key partners for new homes programme
5 days ago

Steelwork firm went down owing £4.5m to suppliers

Subcontractors left holding unpaid invoices from SH Structures
5 days ago

Scottish civils firm to buy stake in piling specialist

Advance Construction in talks for 25% stake in Northern Piling Ltd
5 days ago

RSK secures £500m for fresh acquisitions spree

Acquisitive group aims to buy another 200 businesses by 2030
6 days ago

Beal Homes gets green light for £105m Humber scheme

Work to start on more than 500 homes in North East Lincolnshire
5 days ago

RED wins £20m East London office refurb

Grade II listed Victorian building to be upgraded to Cat A offices
5 days ago

Employee-owned Neilcott staff share £250,000 payout

Employee-owned building contractor sales jump 38% to £139m
6 days ago

Geoffrey Osborne supply chain hit for £26m

More than 500 suppliers and subcontractors left holding unpaid bills
1 week ago

Race for £800m South West Wales framework

Up to 16 firms face fight to renew spots on regional contractors framework
7 days ago

SME contractors agree 4% pay rise for site workers

Workers will also get an extra day of holiday
1 week ago

South East expansion paying off for Meldrum Group

Turnover up to £55m as North East based contractor expands national coverage
6 days ago

Contractor services