Construction Management

Nmcn confirms another delay in releasing results

Nmcn will miss its latest deadline to publish delayed results which are necessary to secure a refinancing deal.

The contractor released its latest refinancing time frame last month which involved publishing a prospectus by November 1 which would require results for the year to December 31 2020 being signed-off before then.

But the firm issued an update on Friday afternoon confirming it will miss the deadline.

Nmcn said: “Further to the announcement of 24 September 2021, the company has been in intensive discussions with regards to completing the preparation of the group’s annual report in respect of the financial year ended 31 December 2020. 

“As a result of these discussions, it has become apparent that the group will be unable to approve the audited financial statements within the extension period set out in the company’s announcement on 24 September 2021.

“The company will make a further announcement as appropriate.”

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Construction Services

Union raises safety fears over HS2 site

Construction union Unite is raising safety concerns after it claims a spate of serious accidents have hit the HS2 section being delivered by the Skanska/Costain/ Strabag (SCS) joint venture in London.

The union has been involved in a long running dispute with the contractors over worker representation on the job where it said Unite officials are not allowed “to freely speak to workers during their breaks in its welfare facilities.”

Recent alleged accidents include a worker suffering arm injuries after clay fell from height onto them, a lorry overturning into a ditch, a skill saw blade came off its mooring, a hammer breaking a worker’s wrist and a digger bucket hitting a worker’s foot.

Unite national officer for construction Jerry Swain said“Workers operating on the Costain/Skanska/Strabag joint venture, will be rightly worried and concerned for their safety.

“This project is crying out for union safety reps who play a unique role in protecting workers and preventing accidents.”

An HS2 Ltd spokesperson said:“The safety of our workforce and the public is HS2’s number one priority. We have an open and transparent reporting culture, and all health and safety incidents are fully investigated, key learnings and actions for HS2 and our contractors identified, and these are then shared across the project.

“All those who work on HS2 have the right to go home unharmed, and we continue to work with and challenge our contractors to provide the highest levels of health and safety standards.”

An SCS JV spokesperson said: “The health and safety of our teams and the public is always SCS’s first priority and we have offered Unite access to our sites, which exceeds levels usually seen across the industry.

“This enables them to meet our team at inductions, work sites and our welfare area. We first offered this to Unite in 2018 and on numerous occasions since.

“We continue to make contact with them to reiterate this offer as we seek to maintain an open dialogue with Unite and to allow them to carry out their activities.  To date they have not taken up this offer, however it remains open to them.”

 

 

Construction Blogs

Track workers dive clear from train after safety blunder

Two track workers had a near miss from a passenger train following a mix-up over line possession.

A Rail Accident Investigation Branch report into the incident in July detailed the circumstances behind the near miss at Eccles station.

The workers were on the westbound track in the early hours under the protection of a line blockage organised by the Controller of Site Safety (COSS).

The pair had been standing on the track to paint a white line along the edge of Platform 2 and had just been told to stop work and were preparing to leave the track when an empty passenger train approached on its way to the depot.

The driver spotted their reflective clothing and sounded his horn. They jumped clear with seconds to spare as the train passed at 69 mph.

The incident occurred because the COSS had given up the line blockage before informing the track workers that they had to move clear of the line and making sure that they had done so.

The work on the platform was being undertaken on behalf of Northern Trains Ltd, the operator of Eccles station. It was contracted to TMT Commercial Contractors Ltd, who planned the white-lining task and employed the track workers.

TMT Commercial Contractors Ltd subcontracted the provision of safety-critical staff and the planning of the safe system of work to Trackwork Ltd. The COSS was a contractor who was supplied to Trackwork Ltd by an agency, Spectrum Rail Ltd. He had been certified as competent to undertake the role of COSS for approximately ten years and regularly acted in the role.

The COSS was also the nominated Person In Charge and therefore had overall responsibility for safely delivering the work.

For a full report into the incident click here.

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Construction Services

Construction arm loss drags on Eric Wright profit growth

Eric Wright Group battled through the pandemic to deliver a 24% rise in pre-tax profit to £9.5m last year despite also wearing ongoing small losses at the construction arm.

Overall group turnover decreased from £223m to £204m, with construction accounting for most of the fall as revenues at the business dropped 28% to £81m.

Losses at the construction arm were contained to £650,000 last year, improved from losses of £2.8m in 2019 and £2.5m in 2018.

The construction business entered 2021 with clear books after negotiating away further commercial risk on two loss-making contracts.

It is now run by John Hartnett, who was promoted to managing director at the start of this year, and is back on track to return to profit this year after a strategic decision now to avoid risky single-stage design and build jobs.

Profits at the group, which now employs nearly 700 staff, were largely driven by continued growth of commercial and residential property, and a resilient performance from water and FM operations.

Eric Wright Group key trading divisionsTurnover 2020/2019Profit 2020/2019Construction£81m£113m-£0.6m-£2.8mCivil engineering£29m£26m-£0.4m£0.1mWater£47m£50m£0.4m£0.7mCommercial property£15m£6m£2.2m£1.8mResidential property£12m£11m£1.1m£0.7mFM£19m£17m£0.9m£1.1m

Group managing director, Jeremy Hartley said: “The strength of our underlying business and the commitment and determination of all our staff has enabled us to trade through the pandemic and look to the future with a cautious optimism.”

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