Contractors to get £1.5bn London infrastructure spending boost

Grant Prior 4 years ago
Share

The Mayor of London has announced a package of infrastructure works worth up to £1.5bn to help kickstart the capital’s economic recovery from the Covid-19 crisis.

The London Recovery Board will join forces with utility companies on the Mayor’s London Infrastructure Group to progress projects including:

  • Upgrading the gas network to improve the security of London’s gas supplies.
  • Reducing water leakage by 20% and pollution incidents by 30% by 2025.
  • Increase the resilience of the water supply network serving boroughs in north east London; the City and Canary Wharf.
  • Ensuring the electricity infrastructure is in place to support electric vehicles, using innovative planning tools to identify the best charger locations and timings.

Companies including Cadent, Scottish & Southern Electricity Networks (SSEN), SGN, UK Power Networks and Thames Water are working with City Hall and London’s local authorities to also identify new green schemes and accelerate future investment.

Once the specific projects have been identified and agreed, they will be delivered with the support of the Mayor’s recently established Infrastructure Coordination Service, to promote collaboration and minimise costly road network disruption.

Mayor of London, Sadiq Khan, said: “The effects of the Covid-19 pandemic have been devastating for our economy and we face a long road ahead, but the London Recovery Board has made great progress in working with companies to deliver infrastructure projects that will help to stimulate our economy, create green jobs and support Londoners who have been affected the most by the economic crisis.

“It is essential that infrastructure initiatives are utilised to serve all Londoners as we work to recover from this pandemic and to build back better with a fairer and greener economy.

“By working together with the major utility companies to progress and bring forward these projects, we have a valuable opportunity to improve the diversity of the sector and to help create new jobs for those who have been disproportionately impacted by Covid-19.  This will help us to ensure nobody is left behind in London’s recovery.”

Latest news

Osborne staff start looking for new jobs

"Open to Work" flags appear on LinkedIn profiles
11 hours ago

Plan rejected for 42-storey tower above historic building

Councillor describes as ludicrous plan to build 300 flats above Georgian mansion
12 hours ago

Ventilation deal could hike product prices for contractors

Watchdogs at CMA launch probe after duct firm acquires rival
12 hours ago

Tide gets go-ahead for London 412 student flats scheme

Volumetric developer secures planning for West Ealing project
11 hours ago

Green light for £75m Friar Gate Goods Yard in Derby

Construction set to start this summer on revamp of historic buildings
11 hours ago

Robertson to deliver £45m Newcastle NHS Trust works

Capital works will be focused on Freeman Hospital and the Royal Victoria Infirmary sites
11 hours ago

Winners named for £2bn Healthy Homes framework

CHIC reveals line-up of over 40 firms for net zero and building safety works
12 hours ago

Plan lodged for tallest skyscraper outside London

Developer Salboy submits plan for 76-storey Manchester resi tower
1 day ago

Curo starts £170m race for new homes framework

Bath housing association plans to build up to 300 homes a year
1 day ago

Gove approves major Cambridge North mixed-use scheme

Government backs controversial scheme of 424 flats and 600,000 sq ft of tech and lab space
1 day ago

Pontins holiday park to house Sizewell C builders

Suffolk holiday park to house 500 nuclear construction workers
1 day ago

Adrian Bloor targets 1,000 homes-a-year

Expansion plans after major investment into challenger house building business HarperCrewe
1 day ago

Housing firm fined £528,000 after cable strike

Maintenance workers given no information on underground services
1 day ago

Berkeley subbies face six weeks without payments

Introduction of new finance software means payment hiatus for suppliers
2 days ago

Pagabo reveals 56 winners of latest £1.6bn retrofit deal

Decarbonisation Solutions Framework launched: Full list of winners
2 days ago

Go-ahead for £100m Liverpool Love Lane flats

500-flat scheme will be built across four blocks in Vauxhall area of city
2 days ago

Unions win HS2 site access battle at Old Oak Common job

Skanska, Costain, Strabag JV now the last denying unions access to HS2 sites
2 days ago

Contractors jack 1,100t viaduct into place in 13-hour operation

158m-long composite deck structure jacked into place 10-hours ahead of schedule
2 days ago

Wates wins former Daily Mail printworks transformation

British Land advances major cultural venue at London’s Canada Water
3 days ago

Mace poaches Ramboll chief to be Head of Engineering

Martin Feakes will develop civil and structural engineering offer at Mace
3 days ago

Subcontractors form alliance for major civils jobs

Trio of specialists join forces to collaborate and offer Tier 1 contractors a turnkey solution
3 days ago

Fear of supply chain failures boosting collaboration

Procurement survey also reveals project bank account use is rising
3 days ago

Wates sets up business to target 160,000 mouldy social homes

Healthy Homes service will be offered to social landlords across England
3 days ago

Higgins wins £75m Peabody Passive House job

Latest phase of Deptford Landings to start construction
3 days ago

Contractors and unions agree Sizewell C working deal

New deal offers improved sick pay and parental leave over Hinkley Point deal
4 days ago

Competition chiefs win legal fight for more construction raids

High Court rules CMA officials can raid a domestic property as part of investigation
4 days ago

More Osborne companies file administration notices

Three more divisions lodge notices with court
4 days ago

McLaren wins multi-storey urban logistics contract

South London win with British Land is pioneering urban logistics hub
4 days ago

Big social housing schemes at risk over funding uncertainty

Housing associations warn uncertainty over public funding beyond 2026 is curbing new schemes
4 days ago

Kier wins Worcestershire town centre renewal

Firm secures Bromsgrove commercial and cultural hub project
4 days ago

Contractor services