Severfield Plc Secures £72m New Contracts

Severfield Plc Secures £72m New Contracts

North Yorkshire based structural steel group, Severfield plc, has recently secured six new contracts worth £72 million.

One of the new contract victories is the firm’s appointment as the steelwork contractor on the development of 22 Bishopsgate in the City of London.

Severfield will provide support to Multiplex in the building of 22 Bishopsgate (net internal area of 1.4 million sq ft) by providing metal decking and superstructure structural steelwork.

Among the five other contracts will see Severfield working on a commercial office development in the Midlands; two distribution centres in the South East; a research and development complex in Manchester and an extension to a retail complex in London.

Severfield plc Chief Executive Officer, Ian Lawson, said: “We are delighted to announce these new contract wins and are excited to be working with Multiplex on such a high profile development as 22 Bishopsgate.

“This further demonstrates the breadth of the group’s capabilities and the quality of our order book.

“The Group has a longstanding history of working on iconic London buildings such as The Shard, London Bridge Station and Wimbledon No 1 Court.

“Our design, experience and engineering skills have resulted in a strong pipeline across a range of sectors.”

Last month it was announced that Severfield would replace William Hare on 22 Bishopsgate Project.

William Hare was previously in line to build the 62-storey tower steelwork, but main contractor Multiplex has now made the decision to go with Severfield for the job.

It is believed that Severfield is set to begin work in mid-December, subject to final contracts being agreed.

Other subcontractors working on the scheme include Keltbray, which has been carrying out demolition and excavation work in the building’s basement, and Careys, which is building the tower’s concrete core.

Since the vote to leave the European Union in June, the main investor behind the project asked the scheme’s remaining backers whether they wanted to proceed with construction of the tower.

Severfield Plc Secures £72m New Contracts
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Severfield Plc Secures £72m New Contracts

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Severfield Plc Secures £72m New Contracts
BDC 280. MAY 2021

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Severfield Plc Secures £72m New Contracts