ISG

ISG was the biggest contractor by spend for the Ministry of Justice (MoJ) in the latest financial year, Construction News can reveal. CN obtained data on the MoJ’s spending in 2022/23 under the Freedom of Information Act. The spend includes that by HM Courts & Tribunals Service and HM Prison…

Royal Bam topped the monthly contractors’ league table in July for the first time since 2020, after it was chosen to build converter stations at each end of a £2bn undersea cable between Scotland and England. The firm was awarded £500m for its share of work on Eastern Green Link…

ISG Retail has been ordered to comply with an adjudicator’s decision that it should pay a roofing and cladding subcontractor £1.692m plus interest in a contract dispute. FK Construction took ISG to court after ISG failed to comply with an adjudicator’s February decision that the payment should be made in…

Seven contractors have won a place on a new £5.1bn, 10-year Strategic Alliance Contract from the Ministry of Defence (MoD). Galliford Try, Graham, ISG, Kier, Laing O’Rourke, Lendlease and Morgan Sindall will conduct the design-and-build elements of a new delivery, commercial and procurement strategy process within the MoD’s 25-year Defence…

ISG Ltd has reported flat revenue and lower pre-tax profit figures for 2022, although the contractor noted in its annual report that it still ended the year with zero debt, a strong cash position and a record forward-order book. The construction division of ISG (which also includes logistics and distribution),…

The government has scrapped its plans for the roll-out of smart motorways. The Department for Transport (DfT) and the prime minister decided to cancel all 14 of the planned motorway upgrades, following a “summer campaign pledge” made by Rishi Sunak in his bid to become leader of the Conservative Party.…

ISG has been appointed to refurbish hundreds of cells at a major prison – to bring them back into use. The £61m contract involves ISG refurbishing 300 single prison cells at HMP Birmingham so that they can be used again, and is part of the Ministry of Justice’s (MoJ) bumper…

Kier, Morgan Sindall and Lendlease are among the big winners on a £2.5bn construction framework announced by the Ministry of Justice. The five-year framework covers new builds, refurbishment, maintenance and minor works across three value lots. For the national lot – projects worth £10m to £30m, with a total value…

Construction looks set to restart on a £3.8bn vehicle-battery factory in Northumberland now its bankrupt developer, Britishvolt, has been acquired by Australia-headquartered Recharge Industries. David Collard, chief executive of Recharge's parent company Scale Facilitation, said in a statement: “Our [acquisition] proposal combined our financial, commercial, technology and manufacturing capabilities with…

Australian electric-battery manufacturer Recharge is poised to acquire Britishvolt in a rescue deal. Administrators EY announced in a statement this morning that the majority of the Britishvolt business and most of its assets will be transferred to Recharge and its US parent company Scale Facilitation Partners, if the acquisition is…