Kier fills order books for 2013

Aaron Morby 13 years ago
Share

Kier is well placed to ride through one of the toughest trading years facing the industry in the downturn.

In a trading statement today, Kier said secured and probable work now accounted for 85% of expected construction workload in 2013.

It also said tender activity remained high across a range of public and private sector projects.

This included new health frameworks across Wales and Scotland, more than £1.5bn of infrastructure schemes presently being bid in the UK and significant activity in Hong Kong and the Middle East.

Kier said it hoped to secure work from the long-awaited Priority Schools Building Programme now that the first £400m of projects were going to the Academies (II) Framework, where Kier is a nominated contractor.

On the property side, its mixed-tenure housing business has qualified as a member of the Birmingham Municipal Housing Trust Developer Partner Framework.

This will deliver new build housing in the city worth up to £1bn over the next three to four years.

Kier also said its private housing business was on track to deliver in excessof 600 completions this year.

The growing services division has been appointed as the preferred bidder on three contracts worth £225m, which includes the five-year planned maintenance services contract for the housing group Circle and two five-year facilities management contracts for Hampshire County Council and Surrey County Council.

In addition, the division has secured a maintenance contract for London Fire Brigade and facilities management contracts for Westminster Kingsway College and the Royal Automobile Club, with a combined value of approximately £30m.

Latest news

Breakthrough for HS2 as first Birmingham tunnel section dug

Balfour Beatty VINCI completes 3.5km TBM drive in 652 days drive
2 days ago

HS2 Curzon Street station redesign approved as timber roof axed

Change to meet stricter fire safety rules and cut maintenance costs
2 days ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
3 days ago

Leicester rebids £22m station revamp after failed tender race

Council opts for ECI route after receiving one bid for project
2 days ago

Kier wins East Coast College rebuild job in Great Yarmouth

Work to start this summer for 1,300-student college
2 days ago

R G Carter wins £28m hospital car park job in King’s Lynn

MSCP paves way for £1.5bn Queen Elizabeth Hospital rebuild in 2027
2 days ago

London to relax green belt building rules

Sadiq Khan shifts position on planning
2 days ago

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
3 days ago

SIG chief quits to join Travis Perkins

Gavin Slark to leave by the end of this year
2 days ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
3 days ago

Early call-out for £150m Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
4 days ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
3 days ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
3 days ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
3 days ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
3 days ago

Van Elle sells HGV fleet to haulage firm

WS Specialist Logistics pays £2.9m to take on fleet and drivers
3 days ago

Buyers more bullish about prospects for year ahead

Residential "resilient" but commercial work a weak spot
4 days ago

Council backs first Brutalist car park-to-flats scheme

Newcastle-under-Lyme multi-storey car park to be reborn as pioneering homes scheme
4 days ago

Hinkley Point C hits peak build with 26,000 jobs

3,000 more workers to join as fit-out work ramps up
4 days ago

Over 40 firms win Wessex Water M&E minor works deal

Broad sweep of specialists picked for AMP8 programme
4 days ago

Spencer lands Scottish bridge hat-trick

Steelwork, gantries and bearing upgrades on Kessock, Forth and Tay crossings
5 days ago

Winners revealed for £1.5bn decarbonisation deal

Fusion21 confirms places for 40 firms: Full list
4 days ago

Cladding firm fined £225,000 after fatal fall

Court hears how cherry picker didn't reach all parts of repair job
4 days ago

Completed buildings caught-up in Gateway 2 chaos

Developer distraught after dealing with Building Safety Regulator
5 days ago

Aviva submits plans for 34-storey City office tower

Subject to planning work to start in autumn 2027
5 days ago

Murphy takes 40% stake in Aussie civils contractor

Firm enters Australasian market with stake in Sydney-based contractor Abergeldie
6 days ago

Moat seeks firm for £420m repairs and maintenance deal

15-year deal to upkeep 20,000 south east homes
5 days ago

Lynch takes over hotel for Sizewell plant operators

Hire giant now in the hotel business to guarantee accommodation for workers
5 days ago

Subcontractors wanted across Scotland

Latest Constructionline event in Glasgow: Register now
5 days ago

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 week ago

Contractor services