Balfour Beatty takes action following KPMG review conclusion

摘要

Bidding, commercial and contract management, as well as accuracy of cost and programme forecasting are the root causes for poor operational performance within Balfour Beatty's UK construction services operation, a review by KPMG has concluded. As a result of the review findings and its recommendations, Balfour Beatty expects to reduce the 2014 UK construction profits by a further £70M. Balfour Beatty announced last September that KPMG would carry out an independent review of the contract portfolio within Construction Services UK (CSUK) because of the continued inconsistent operational delivery across some parts of that business.