Tag: sector
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Former Homes England director joins Wates to boost public sector business
Stephen Beechley, group public sector director at Wates Group, said: “The public sector makes up around 70% of our business as a group and will always be a key strategic focus for Wates. Delivering vital social infrastructure and navigating the complexities that this brings requires the best talent, and Robert brings a wealth of experience…
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Social value requirement for public sector contracts comes into force
“Over £385bn was spent on public procurement in 2022 to 2023, making up almost a third of all public spending,” said CLC in the foreword to its guidance. “The Procurement Act 2023 enables a new approach – simplifying structures and providing more flexibility to those designing procurements. View the original article and our Inspiration here
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Development Slowdown & Vacancy Shifts Reshape Sector 2025
Industrial development is settling into a more measured pace after years of rapid expansion, according to our latest industrial report. In 2024, construction starts dropped to 236 million square feet, a 35% decline from 2023 and over 60% from 2022. Vacancy rates are expected to stabilize before ticking down by mid-2025, while the development slowdown is likely to continue. …
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Winners named for £800m Pagabo public sector framework
Several FM arms of tier 1 contractors are among the 27 companies appointed to a new public sector framework. The Total Facilities Management Framework has an estimated value of £814m and will run until January 2029 across eight UK areas. It will be managed by procurement provider Pagabo on behalf of contracting authority Red Kite…
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Will Apple Vision Pro Be Game-Changing for the AEC Sector?
Despite their potential, AR and VR have yet to impact the construction industry substantially. Could Apple’s new spatial computing device open the floodgates for mainstream adoption in the AEC sector? Customers in the USA received the first units of Apple Vision Pro last week. MacRumors said Apple sold around 200,000 units in the first ten days. Reviewers…
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What Metrics Tell About the Project Performance of the Finnish Construction Sector
In many international comparisons, Finland’s construction sector comes out as reputable. In terms of job site safety and prevention of unreported employment, Finland shines. However, there’s still room for improvement in other business areas, as a new study shows. In 2020, Aalto University revealed exciting data on the project performance of Finnish construction companies. Eelon…
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Survey on Digitalization in the EU Construction Sector
The European Construction Sector Observatory (ECSO) is conducting a survey on the state of digitalization in the construction sector in each of the European Member States. You can take the 10-minute survey online. ECSO was set up in 2015 to regularly analyse and carry out comparative assessments of the construction sector in all EU countries…
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Mind the Bridge Lists the Most Interesting European Startups in the Construction Sector
Mind the Bridge has published a shortlist of European construction sector innovators which they consider most interesting and which they have met with during the past year. Mind the Bridge is an innovation advisory firm; an international team with experience and a presence in multiple ecosystems. It is continuously looking for the most innovative startups around…
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Digital Transformation of the Estonian Construction Sector: An Interview with Jaan Saar
In this episode of the AEC Business Podcast, Jaan Saar tells us about his work as Head of Digital Construction and why he thinks the public sector has a key role in the digitalization of the construction industry. Jaan has managed processes and IT in the construction industry for over 15 years. He joined the…