Companies House has resumed the voluntary strike off process, meaning that any construction or engineering business which had applied to be struck off prior to the Covid-19 pandemic will be removed from the official company register, starting this month.
HS2 is set to award at least £6billon of construction work, with at least 18 new projects up for tender by the end of 2022.
According to the latest information published on HS2’s own website, the £100bn project will award 18 railway system and construction contracts in the next two years.
Projects include the construction of a new railway station at Birmingham Curzon Street, at a cost of £570million.
Procurement is yet to start on seven major HS2 projects, while the process has already started on the remaining 11.
Other lucrative contracts which have yet to be awarded include track installation for phase 2a, the section of the line that will run from the West Midlands to Crewe and which is understood to worth up to £500millon.
A further project, also with a £500million price tag, is the provision of a high voltage power distribution including traction power infrastructure. Procurement for this project is due to start in August 2020.
Adam Davis, a Partner with Palmers who specialises in construction law, said: “These procurement announcements are very positive news for the construction industry and will hopefully lead to much needed growth and new opportunities for local construction and engineering sub-contractors in our region.
“Our experience in working with the construction and engineering sector means we are ideally placed to provide independent, practical advice to help firms with their contracts, as well as tender submissions.”
For help and support on contract submissions and project delivery compliance, please contact Palmers specialist construction team.
The new Construction Talent Retention scheme, which went live in July, has seen more than 400 construction firms signing up to support the Construction Leadership Council’s scheme.
The Construction Talent Retention Scheme is a not-for-profit programme, backed by Government, business organisations, professional institutions and construction unions.
The online portal allows skilled individuals to showcase their experience and expertise and helps businesses across the industry find the skills they need.
There has been strong interest in the Scheme since it was announced as part of the Chancellor’s Plan for Jobs earlier this month. More than 400 employers have signed up to use the Scheme. These companies – from across the UK – range from multinational engineering giants to micro businesses.
Construction Minister and Construction Leadership Council co-chair Nadhim Zahawi MP said: “Building new homes, accelerating infrastructure, and making sure people have the right skills are all at the heart of the government’s plans to build back better from Covid-19. Launching today, this scheme will help to retain vital knowledge within the construction industry, enabling businesses to rapidly recruit talented individuals and reduce skills shortages at this pivotal time in the nation’s economic recovery.”
Caroline Gumble, CEO of the Chartered Institute of Building (CIOB), said: “The CIOB is delighted that BEIS is backing a Talent Retention Scheme for our sector. We have been facing the prospect of a skills shortage in the industry for some time.
“This has the potential to be exacerbated by the impact from coronavirus with a possible loss of existing skills and talent from the sector, which could be devastating. To see this targeted support delivered for an industry which is an important driver of the economy is excellent. I’m also heartened to see another example of the sector successfully collaborating, right across the industry, to bring something like this to life. Collaboration is also a key component in the drive to see the sector move into recovery.”
The free-to-use site allows the redeployment of staff at risk of redundancy and enables temporary employee loans between businesses. It also gives displaced workers from other sectors a route to find new employment.
The site is live at https://www.trs-system.co.uk/construction and is open to both businesses and individual candidates looking for work.
Bresco Electrical Services Ltd (In Liquidation) (Appellant/Cross-Respondent) v Michael J Lonsdale (Electrical) Ltd (Respondent/Cross-Appellant)  UKSC 25 allowed Bresco’s appeal against the Court of Appeal decision. It is a major breakthrough in that it will allow administrators and liquidators to recover debts owed to insolvent companies by adjudication and resolved the ‘incompatible’ relationship between two statutory regimes, the adjudication regime for construction disputes and a rule of insolvency law called insolvency set-off. This decision could not have come at a better time, since the recent Covid-19 impact on the construction industry may cause many more insolvencies in the future.