1150 pounds sterling boom for JLE sparks
Article Abstract:
Drake & Scull, mechanical and electrical contractor for the Jubilee Line Extension project in London, England, has drawn up an innovative pay deal based on bonuses for fast working. This comes amid rumours that the company is finding it difficult to complete its work on schedule for the already delayed spring 1999 opening. Under the deal, electricians would have the opportunity to earn up to 1,156 pounds sterling a week, 347 pounds sterling more than current rates. However, there will be penalties for being involved in industrial action and for defective workmanship.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1998
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1bn pounds sterling cost hike hits Chunnel rail link
Article Abstract:
The route of the planned Channel Tunnel Rail Link will not be changed in order to avoid estimated costs rising from 3 billion pounds sterling to 4 billion pounds sterling, according to Union Railways, part of London and Continental. Union Railways has emphasized that London and Continental is committed to the 'target cost' partnering method, and has promised to inform contractors immediately if the project encounters difficulties. It is expected that work will begin on site in Apr 1998.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1997
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Tunnel link bidder seeks contractors
Article Abstract:
Consortium London and Continental, which includes SG Warburg, Ove Arup and Partners and Virgin, is now on a shortlist with Eurorail, a consortium led by Balfour Beatty and Trafalgar House, to build and run the Channel Tunnel Rail Link. It is now seeking contractors for the 2.8 million pounds sterling project, and is planning to appoint contracts without a stake in the Rail Link through tenders at a late stage. This will ensure that construction costs are kept to a minumum.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1995
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