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22 December 2010
Financial Close on Camden Schools BSF Project

Bunnik, 22 December 2010 - BAM is pleased to announce that it has reached financial close on the London Borough of Camden Council’s £75 million BSF schools project. BAM PPP is sponsoring the deal with its sister company BAM Construct UK providing an integrated solution, with BAM Construction as building contractor. BAM Facilities Management will provide facilities management services throughout the 25 year operational concession period and RM Education will provide the ICT managed services to the schools. Long term fixed rate debt is being provided by Aviva.
17 December 2010
BAM and MerweOord will jointly seek potential buyer for BAM's interest in Van Oord

Bunnik, 17 December 2010 - Royal BAM Group and MerweOord, the investment company of the Van Oord family, have agreed to jointly seek a potential buyer for the 21.5 percent stake of BAM in Van Oord.
10 December 2010
BAM/Ferrovial/Kier joint venture awarded £500 million contract by Crossrail

Bunnik, The Netherlands, 10 December 2010 – Crossrail Ltd today announced its intention to award a joint venture comprising BAM Nuttall Ltd, Ferrovial Agroman (UK) Ltd and Kier Construction Ltd two contracts valued in the region of £500 million.
9 December 2010
Chelsea and Westminster Hospital works praised for considerate approach

Hemel Hempstead, 9 December 2010 - Construction of the extension to Chelsea and Westminster Hospital has got off to a fantastic start after an independent inspection ranked its management in the UK’s top 10% of projects.
18 November 2010
BAM forecasts break-even result for 2010 despite property impairments
  • Net result for the first nine months of 2010: -€45.5 million
  • Revenue for the first nine months of 2010: €5,271 million
  • All sectors profitable except Property
  • Stable order book: €12.3 billion

Click here for the full press release.
12 November 2010
Bg hearted builders donate new landscaped area to Glan Clwyd Hospital as they hand-over new Cancer Treatment Centre

Hemel Hempstead, 12 November 2010 - Kind hearted builders in North Wales are signing-off the first phase of new health care facilities for local patients by transforming an area at their own cost. The BAM team at Glan Clwyd Hospital, in Denbighshire, have been hard at work on the hospital’s £13 million new Cancer Treatment Unit for patients across North Wales since November 2008.
9 November 2010
Edinburgh Portrait Gallery refurbishment wins praise

Edinburgh, 8 November 2010 - Edinburgh Portrait Gallery refurbishment wins inspector’s praise for approach to local transport – and workers getting on their bikes to make it green. The refurbishment of the Scottish National Portrait Gallery has lead to a rare maximum score by independent inspectors because of how considerately it is managing the relationship with neighbours and road users during the historic building’s extensive £10.8 million restoration.
9 November 2010
100,000 man hours worked already on Co-operative HQ

Hemel Hempstead, 9 November 2010 - The contractors building the BREEAM ‘Outstanding’ new Co-Operative Group HQ in Manchester have clocked-up over 108,298 man hours worked on the project just 13 weeks into the programme.
4 November 2010
Deteriorating performance of the property market compels additional impairments; break-even profit forecast for 2010

Bunnik, the Netherlands, 4 November 2010 - The Dutch residential market offered no indications of recovery in recent months. Many municipal authorities have put new projects on hold and have cut planned capacity. Recent studies have revealed that the number of regions in the Netherlands experiencing population decline is growing. BAM acknowledges that the outlook for the Dutch residential market is increasingly gloomy. The number of projects that have been postponed or discontinued is increasing. In addition, current developments are experiencing the impact of waning momentum, declining numbers and a mood of austerity, resulting in yields that are not only reduced, but also take longer to generate.
25 October 2010
Middlesborough and Hampshire projects score BAM a record number of local authority architecture awards

Hemel Hempstead, 22 October 2010 - Buildings delivered by contractor BAM Construct UK won three out of nine awards at the Public Architecture Awards.
21 October 2010
Minister Killeen to officially open Castleisland Bypass

(Press release Kerry County Council:) Kerry, Ireland, 19 October 2010 - The Castleisland Bypass will be officially opened on Friday, October 22nd, by Minister for Defence, Tony Killeen.
21 October 2010
Students´ Union officially opens after £5 million revamp

(Press release The University of Sheffield:) Sheffield, 11 October 2010 - The newly refurbished University of Sheffield´s Students’ Union was officially opened on Friday (8 October 2010), following a £5 million facelift.
21 October 2010
BAM PPP reaches Financial Close on Bremervoerde Prison in Germany

20 October 2010 - The State of Lower Saxony represented by the Ministry of Justice and BAM PPP, together with Royal BAM Group companies BAM Deutschland and Müller-Altvatter Gebäudemanagement, have signed the contracts for the States first PPP project to design, build, finance, maintain and operate the €50.5 million prison project in the City of Bremervoerde.
14 October 2010
Managers in construction sector are under-recognised by UK economy, says BAM

Hemel Hempstead, 14 October 2010 - The leading construction company under the Construction Manager of the Year Awards says that construction managers and professionals are under-valued by the UK. Professional management skills in the construction sector are under-recognised, says the firm which had the best management record in sector's annual awards (see table in notes), taking place on Thursday 14 October.
11 October 2010
Centerpiece for Sunderland Software City

BAM Construction has been appointed to build a new £10 million Software Centre in Sunderland. The 4,900 sq m (53,000 sq ft) development would include space for 60 cutting-edge businesses, as well as exhibition space, showing visitors in a fun and interactive way the role software plays in their lives. It is designed to be a centerpiece for Sunderland Software City, the regional initiative inspiring and supporting the growth of the local software industry. Subject to planning permissions, work on the building could begin early next year and be completed in early 2012.
11 October 2010
Wicklow Wastewater Treatment Plant

Mr Michael Finneran, T D, Minister for Housing and Local Services officially opened the new Wastewater Treatment Plant in Wicklow Town, Ireland. The civils element of this DBO project was designed and built by BAM Civil and involved the construction of a new treatment plant at Knockrobin, new pumping stations at Ashford and Rathnew and the upgrading of the pumping station at the Murrough.
7 October 2010
Tebodin supports UNICEF

Tebodin has made a donation to UNICEF to commemorate our 65th anniversary. UNICEF is mandated by the United Nations General Assembly to advocate for the protection of children's rights, to help meet their basic needs and to expand their opportunities to reach their full potential. UNICEF is actively involved in many projects for the welfare of children in over 155 countries.
7 October 2010
BAM Clough joint venture has received additional letter of intent in Papua New Guinea

Bunnik, the Netherlands, 7 October 2010 - BAM Clough joint venture has received an additional Letter of Intent from Chiyoda JGC Joint Venture for the fabrication and construction of the topsides for the PNG LNG condensate offloading jetty. The contract for the design and construction of the jetty has been formally signed recently. The second contract is valued at approximately US$53 million, bringing the total value of contracts awarded to BAM Clough for the PNG LNG jetty project to US$308 million.
7 October 2010
BAM Properties lets Buchanan Street to Nike

6 October 2010 - BAM Properties has let its development in Buchanan Street, Glasgow to Nike. The leading global sports brand has secured its target of a flagship store on Buchanan Street. Opening is scheduled for Spring 2011. Nike has taken the property on institutional terms as befits the strength of the location.
5 October 2010
Medway Council announces BAM as main contractor for three new academies

Bunnik, The Netherlands, 5 October 2010 – Medway Council has announced the appointment of BAM Construction to design and build Medway's three new academy schools. The combined contract value is approximately £80 million. It builds on the contractor's strong position in the area and in the education sector.

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