Life still grim for struggling civils firms

Grant Prior 15 years ago
Share

The recovery is still a long way off according to a depressing workload trends survey carried out by the Civil Engineering Contractors Association.

The number of member firms suffering a fall in work compared to last year hit 43% during the first quarter as just  16% saw workloads increase.

Detailed analysis shows any recovery is concentrated in the rail, water and power sectors as road work continues to suffer.

Contractors are also being squeezed by rising costs and falling tender prices as competition intensifies.

CECA director of external relations Alasdair Reisner said: “For an industry still seeking the light at the end of a very dark tunnel, there are few grounds for optimism in this survey.

“While signs of growth in rail and power are certainly welcome, the fact that the overwhelming balance of respondents reported continuing falls in workload is a real cause for concern.

“CECA is hopeful that the policies now being implemented by Infrastructure UK and others will support a return to growth in the civil engineering sector.

“However the results of this survey demonstrate that, for an industry being squeezed between rising costs and falling tender prices, the government has no time to lose in taking important measures to streamline procurement and encourage private sector investment.”

Latest news

Big contract wins see profits surge at Sisk Group

Strong revenue growth at UK business helps group results
3 hours ago

Mansell Building Solutions files administration notice

Light gauge steel frame specialist opened expanded factory just six months ago
11 hours ago

Client steps in to restart Ardmore £500m Kensington tower job

Developer takes main contractor role in-house after Ardmore administration
1 day ago

Lift supervisor killed by reversing telehandler

HSE investigation finds driver had been using his mobile phone while operating machine
1 day ago

Hotel client collapse sends McGee £2.8m into red

London specialist expects profit rebound after hotel client insolvency hit
1 day ago

Public raise alarm over roof work at London hotel

Contractor and director fined for ignoring safety measures
10 hours ago

Victory for mobile crane operators in police row

More than 60 prosecutions dropped after drivers win overloading test case
1 day ago

Two JVs bag £1.5bn Anglian Water major projects deal

Ferrovial/MWH and VolkerFitzpatrick/Stevin land spots on new commercial delivery model
1 day ago

Scape launches £8.5bn dedicated defence framework

Up to six firms will be lined-up for defence work
1 day ago

Equans acquires highways tech specialist Mway

Deal sees £26m specialist become part of major contractor
1 day ago

Costain bags £150m Thames Water wastewater programme

Firm to deliver improvement programme across 15 wastewater sites
2 days ago

Wates hires Willmott Dixon veteran as operations director

Roger Forsdyke joins after 23-year career at rival contractor
2 days ago

Bouygues UK losses top £200m in four years

Building safety and subcontractor problems drive latest £76m hit
2 days ago

Willmott Dixon cleared to rebuild RAAC-hit Stockport school

Work on £50m Bramhall High School job could start in January 2027
2 days ago

Taylor Woodrow breaks into Devon roads framework

Devon County Council refreshes £54m highways line-up for next four years
2 days ago

Building compliance firm Ventro buys electrical engineer

Latest deal for Walsall based R.D. Jukes & Co Ltd
2 days ago

Lovell to start first phase of 450-home Horsham scheme

First phase of former pharmaceuticals site will retain Art Deco clock tower
2 days ago

Health centre win for Morgan Sindall

Construction to start this month on Gloucestershire site
2 days ago

Supply chain hunt starts for hospital construction boom

Work up for grabs on five schemes across the East of England
5 days ago

Laing O’Rourke and HMJV lead £1bn Grid upgrade for AI boom

North London power capacity upgrade to support five new data centres
5 days ago

Willmott Dixon joins £150m Great Yarmouth waterfront bid

Planning in for major mixed-use North Quay waterfront regeneration project
5 days ago

R G Carter eyes rebound after turnover falls to £215m

Firm says stronger order book will drive growth this year after softer 2025
5 days ago

Manchester developer lands £185m funding boost

Forshaw secures institutional backing to accelerate housing delivery
5 days ago

Morgan Sindall lures North East director from Willmott Dixon

Nick Corrigan joins rival as area director
6 days ago

Housing groundworks crisis deepens as JAO ceases trading

Somerset firm of over 100 staff adds to wave of housing supply chain failures
6 days ago

Plans in for striking HSBC Canary Wharf tower revamp

Project billed as the world's largest office building transformation
6 days ago

Costain predicts “step change” in financial performance

Contractor set to see profits jump from next year
6 days ago

Avant Homes seals Government fire safety payment deal

Deal spreads legacy remediation costs and eases liquidity pressure
6 days ago

Scaffolding firm Blencowe files administration notice

South of England specialist employs 55 people
6 days ago

Formwork panel hits Hinkley worker after falling 29 metres

Improvement notices issued by nuclear regulator extended
7 days ago