Balfour sets-up “New Normal” Covid-19 taskforce

The group has already come up with more than 450 ideas after asking employees for their suggestions.

The ideas are being taken forward for implementation under four strategic themes (working environment, new markets and capability, digital enhancement and rapid return to work) and will be incorporated to “deliver operational and financial efficiencies.”

In a trading update today Balfour said the key driver of performance for the rest of the year will be “improving current productivity, which will depend on the availability of employees, subcontractors and materials, whilst maintaining social distancing rules and ensuring satisfactory contractual resolution on projects impacted by Covid-19″.

Balfour has kept most of its construction sites open during the pandemic with 78% of sites open in April and 83% in May.

Of those open sites in May 17% experienced significant disruption due to the availability of employees, subcontractors or materials.

Balfour has seen its order book boosted by £3bn of HS2 contracts and it now stands at £17.4bn from £14.3bn in April 2019.

updated: 01/06/2020