Subscribe now for unlimited access To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Get your free guest access SIGN UP TODAY Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community
The long-serving head of Australian firm Slater and Gordon today stepped down in the latest attempt to draw a line under a turbulent few years for the firm. #*#*Show Fullscreen*#*# Andrew GrechAndrew Grech, who oversaw the firm’s expansion into the UK market, including the disastrous acquisition of Quindell, will leave his position as group managing director after 17 years in the post. His departure comes as the firm announced a recapitalisation agreement that effectively hands most of the business over to its banks.The lenders, who collectively represent over 75% of the company’s secured debt, will be issued with around 95% of the equity, with existing shareholders holding the remainder.In return, lenders will amend some existing secured debt and provide a senior debt facility of almost £18m over a three-year term, with provision for a further £3m.Some of the existing senior secured debt will be amended and restated into interest-free convertible notes held by the new lenders, entitling them to any amount up to £250m in respect of net proceeds from claims against Watchstone, the former owner of Quindell. Slater and Gordon bought the professional services division of Quindell for £637m in 2015 but has recently issued legal proceedings in relation to the deal.As reported in May, the new lending group, led by New York-based investment adviser Anchorage Capital Group, has provided the company with additional support through almost £24m in a working capital facility.In a statement to the Australian stock exchange, the firm said: ’The recapitalisation is intended to provide the company with a sustainably level of senior secured debt and a stable platform for its future operations in both Australia and the UK.’As part of the agreement, the new lending group will appoint new directors, with all existing directors resigning in due course as new directors are brought in.Grech will remain a non-executive director in the short term until a replacement is found. No details were released of any severance package. Grech had said in March that he wanted to stay and he was backed at the time by the board. Grech was the figurehead for much of the expansion that has brought Slater and Gordon to prominence in the legal services market. He oversaw the acquisition of Russell Jones Walker in 2012, marking the firm’s arrival on UK shores, and was present as the company reported soaring profits in the following years.But an aggressive expansion policy came at a cost, and the period following the acquisition of Quindell’s legal business was disastrous, leading to falling profits and hundreds of millions of pounds in worthless cases being written off.The announcement did little to enthuse investors, with the share price falling 4.35% in value to less than nine cents (5p) a share.
AT A FORUM in London on July 8 the President of the Union of European Railway Industries Rolf Eckrodt and his counterpart at the International Union of Public Transport Jean-Paul Bailly signed a Memorandum of Understanding on terms and conditions for procurement contracts. Although largely symbolic, the MoU marks the first concrete result of the Mass Transit Rail Initiative for Europe. Marie was set up by Unife, UITP and the European Commission’s Industry and Transport directorates in March 1998. It is intended to boost the European urban rail market, with cost savings through harmonisation, more transparent procurement, and closer partnerships between suppliers and operators.Noting that rail patronage is static or growing only slightly when the car’s market share is four times bigger and climbing rapidly, Bailly told the first Marie plenary forum, held in conjunction with the Unife General Assembly, that the time had come for the industry to ’stop fighting over shares of a shrinking pie, and work together to grow the business.’ Reiterating his call for public transport to play a bigger role in the search for sustainable mobility (RG 7.99 p411), Bailly said rail’s environmental advantages had to be backed up by a concerted drive to bring down costs. VDV General Secretary Prof Dr-Ing Adolf Müller-Hellmann said the vision was ’to make rail mass transit the natural choice for future conurbations, fast, efficient and easy-to-use.’ He favoured further automation, dual-mode operation to eliminate interchanges, and universal smart-card ticketing. But he warned that ’the car will be forgiven everything in the search for boundless mobility’ – even an annual death toll way over 10000 people in Europe alone.Working groups make progressPresenting the results of Marie’s four working groups, team leaders Andrew Foster and Marc Girardot said that the first decision had been to concentrate on light rail, which was the fastest growing market sector. Most progress has been made by the Terms & Conditions group. This aimed to reduce the disparity between national procurement practices, and produce common guidelines on such matters as intellectual property rights, warranties and liabilities, contract variations, liquidated damages and force majeure. Following the signing of the MoU, the non-binding guidelines will be circulated to all Unife and UITP members, with the aim of getting feedback on their practicality over the next couple of years. The Life-Cycle Costing group found that operators used LCC to compare tender bids, but the suppliers saw it more as a mechanism to design-in product reliability or raise finance. It feels LCC offers a way to optimise product life, maintenance routines, tendering, and contract management and help feedback of operating experience into product design. Terms and definitions have been agreed between UITP, Unife and UIC, and the next step is to seek agreement on how to apply the various elements of LCC.Noting a clear relationship between the availability and nature of funding and the design of light rail schemes, the Financial Engineering working group is looking at alternatives to the traditional reliance on public sector grants. The results of an independent study will be presented at a conference later this year. Probably the most controversial proposals are from the Design group, which is looking to issue recommendations for harmonising key system interfaces, essential safety requirements and levels of performance. Foster says there is a need to learn from the aircraft and car industries where common designs and volume production keep costs down. He feels that harmonisation of standards will increase choice and allow innovation, which would be ruled out by prescriptive standardisation. However, a list of proposed interface specifications circulated last September brought a mixed response. For new lines, these envisage bi-directional LRVs 2·65m wide with a 350 mm floor height, 1435mm gauge and 750 V DC. However there are problems with differing road width standards, disabled access and crashworthiness requirements. The group would like to find four to six cities planning new light rail lines prepared to act as a testbed for the harmonised specifications over the next few years. When asked about the application of harmonised standards to the many diverse light rail networks developed over the past 20 years, Eckrodt suggested that ’backwards compatibility’ would be achieved gradually through the introduction of modular components or sub-systems, as well as the suppliers’ own drive towards a product platform approach.
PLH said it had put forward a landmark structure with a strong visual identity within the cityscape. Canopies resembling arched fern leaves would ‘aspire to the qualities of the art nouveau period’, creating a concourse with ‘generous space, reminiscent of ecclesiastical architecture’ and providing ‘moments of great wonder’ to offer ‘a memorable experience and a recognisable point of arrival and departure.’A major element of the project is the removal of an embankment between the river to the station, to re-establish a link between the market square and urban spaces. The railway bridge is designed to appear light and floating, and features an integrated bicycle and pedestrian path.‘Our proposal delivers a coherent, smooth and living infrastructure hub that connects the city and strengthens the existing identity of Riga’, said Steen Enrico Andersen, PLH Partner and lead architect for the proposal. ‘The green rampart, the water, the historic city and the market are all elements that contribute to the strong identity of Riga. By taking on a holistic approach to traffic and urban space development we have removed barriers and prioritised public transport, pedestrians and cyclist to create a more liveable and sustainable city.’Baiba Rubesa, Chair of trinational Rail Baltica project promoter RB Rail, congratulated PLH and Cowi on behalf of the three Baltic States. ‘The station project is unique in terms of technology, funding and the broad number of stakeholders’, she said. ‘It is located in the very heart of Riga, bringing many people together every day, and it is the section with the highest complexity in all three Baltic States.’ LATVIA: Danish architectural firm PLH and engineering partner Cowi have won an international competition to design the rebuilding of Riga’s Centrālā station into multimodal transport hub and the provision of a bridge over the River Daugava as part of the Rail Baltica project.Procurement for the station project is scheduled to begin in early 2018, with construction expected to be underway by 2022.
KINGSTON, Jamaica – After threatening to strike two weeks ago due to unpaid salaries, President of the Jamaica Football Federation (JFF), Michael Ricketts, was happy to report that the Reggae Girlz have finally been paid their full salaries from the 2019 FIFA Women’s World Cup which ended this summer.Earlier this month, several of the team’s players took to social media to vent their frustrations over not being paid what was owed to them. Starting a #NoPayNoPlay campaign, the Girlz vowed to not play another game until they were paid in full.According to the Reggae Girlz team manager Jean Nelson, the players were already told that some money had been transferred to their accounts and that the balance would be paid once the JFF received the US$750,000 from FIFA at the end of September. Despite this, several of the players stated that they had not received any of the money which was allegedly paid.At the JFF’s Annual General Meeting this past Sunday, Ricketts announced that the players had now been paid in full. While the Federation had not yet received the funds promised from FIFA, they were able to source funds from elsewhere to pay the players, explained Ricketts. However, the salaries for the Reggae Girlz team coaches are still outstanding with just days away from the September 25 ultimatum given to the local governing body.Although the players have not publicly confirmed whether or not they have indeed received their salaries, Ricketts has stated that the show will go on. “I’ve asked the manager to try and speak to the girls individually so we can establish what will happen from here on. They should be here, those who are available for the qualifiers so we’ll be working on that to ensure we have a good representation”, Ricketts said. The Reggae Girlz are scheduled to contest in the Olympic Qualifiers from September 30 to October 8. The Girlz are drawn in group “B” which included Cuba, St. Lucia, Barbados and the US Virgin Islands.Ricketts, who has been reelected as JFF President for the next four years, also sought to dispelled rumors that the Reggae Boyz are also planning their own strike ahead of next month’s Nations League match as they are yet to receive any payment from the recent CONCACAF Gold Cup. While the Reggae Boyz have their own issues with salaries and the JFF in the past, Ricketts has said that is not an issue at this time.
KA Langsam tujuan Rangkasbitung-Angke PP Berbicara kereta ke Rangkasbitung dari Angke bukanlah hal baru, meski awalnya kereta tersebut melayani relasi Pasarsenen/Jakarta Kota-Rangkasbitung PP dan kemudian diperpendek menjadi Tanahabang-Rangkasbitung PP. Hingga akhirnya relasi kereta tersebut diperpendek menjadi Rangkasbitung-Angke PP.Baca juga: “Si Gombar” yang Tak Lagi Menghembuskan UapnyaPenasaran kereta apa? Ya, kereta ini bernama Langsam yang merupakan singkatan dari Langsung Sampai dan jika diartikan dari bahasa Belanda Langzaam menjadi pelan atau lambat. Pada masa beroperasinya kereta ini, banyak atapers yang naik dengan tidak membeli karcis dan duduk di atas kereta. Tarif tiket kereta ini juga murah sekitar Rp2 ribu sekali jalan dan naik pada 1 April 2015 menjadi Rp5 ribu. Kereta ini saat masih beroperasi selalu ramai dan penuh. Sayang pada 1 April 2017 lalu, KA Langsam, Rangkas Jaya dan Kalimaya tak lagi beroperasi karena ada layanan baru KA Commuter line yang melayani Rangkasbitung-Tanahabang PP.KabarPenumpang.com mendapatkan sesuatu yang unik, kereta ini disebut dengan KA Go Green pertama di Indonesia. Tapi penasaran tidak sih kenapa di sebut Go Green? Salah satunya karena kereta Langsam ini menggunakan sedikit air dibanding kereta lainnya. Sedikit air karena tidak ada toilet di dalam beberapa gerbong keretanya seperti K3 ex KRD MCW 301 dan 302. Sedangkan K3 biasa sudah menggunakan toilet. Jelas sekali kan irit airnya.Padahal ada AC di dalam kereta Langsam. Selain irit air, kereta ini juga masih menggunakan kursi plastik. Jumlah kursi yang ada di kereta ini sekitar 190 dengan 106 menggunakan kursi kulit dan 80 lainnya kursi plastik.Selain irit air, ternyata kereta ini hemat energi, karena sering sekali lampu yang menerangi gerbong KA Langsam mati dan sering menggunakan lilin pada perjalanan malam di gerbong penumpangnya. Ini yang membuat KA Langsam hemat energi dan ikut andil dalam mengurangi pemanasan global. KA langsam juga sering disebut sebagai ‘distributor’ pupuk berjalan.Hal ini dikarenakan, lubang toilet di kereta Langsam masih bolong tak seperti sekarang. Ini membuat pengguna kereta yang ingin menggunakan toilet baik untuk buang air kecil atau air besar harus saat kereta bergerak. Sisa-sisa kotoran hasil buang hajat penumpang yang tersebar di rel inilah yang menjadikan KA Langsam disebut sebagai distributor pupuk.Selain menjadi ‘distributor’ pupuk berjalan, KA LAngsam juga menjadi kebon berjalan. Pasti yang ada dipikiran kereta ini punya lahan tanaman. Padahal kereta ini mengangkut sayur mayur, jadi pas kan dengan konsep Go Green yang di sematkan pada KA Langsam.Baca juga: Wow! Kereta di Indonesia Ini Tempuh Jarak Lebih Dari 900 KM!KA Langsam berhenti di semua stasiun sepanjang perjalanan, kecuali Tanahabang, Jurangmangu, Rawabuntu, dan Cicayur. Berikut stasiun pemberhentian KA Langsam saat masih beroperasi.Stasiun Rangkasbitung-Stasiun Citeras-Stasiun Maja-Stasiun Cikoya-Stasiun Tigaraksa-Stasiun Tenjo-Stasiun Daru-Stasiun Cilejit-Stasiun Parungpanjang-Stasiun Cisauk-Stasiun Serpong-Stasiun Sudimara-Stasiun Pondok Ranji-Stasiun Kebayoran-Stasiun Palmerah-Stasiun Duri-Stasiun Angke.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Like this:Like Loading… RelatedKereta Lokal Merak-Rangkasbitung, Gantikan Layanan KA Jakarta-Merak06/04/2018In “Darat”Menjadi Saksi Sejarah Perang Kemerdekaan, Stasiun Rangkasbitung juga Sebagai Tombak Perekonomian21/03/2018In “Darat”Per 1 April, PT KCJ Buka Rute Tanah Abang – Rangkasbitung11/04/2017In “Featured”
LEXINGTON, Ky. – University of Kentucky women’s coach Matthew Mitchell admitted he was concerned about Sunday afternoon’s second round NCAA tournament game.
OXFORD — It’s not quite like having College GameDay in your city, but it’s something close to that.ESPN’s College GameDay announced Sunday morning that it’ll broadcast on Saturday morning from Baton Rouge, where No. 3 Ole Miss will play LSU later in the day.The Rebels (7-0, 4-0 SEC) beat Tennessee 34-3 on Saturday, while the Tigers (6-2, 2-2) defeated Kentucky 41-3. LSU has won two-straight, both against the SEC East, since losing to Mississippi State and Auburn in a three-week stretch.Potential bad news for the Tigers: they’ve lost three in a row in Baton Rouge when GameDay has been in town. The last win was in 2007..@LSUfball history on @ESPNCollegeGD (h/t @LSUJake via pg. 177 of #LSU media guide) pic.twitter.com/IWiB8itTG7— Todd Politz (@tpolitz) October 19, 2014College GameDay was at Oxford for the first time on Oct. 4 for the game against Alabama, and producer Lee Fitting told the Paul Finebaum Show that Ole Miss-Auburn on Nov. 1 is a strong possibility.
Liam O’Meara and Mr Coolcaum (ISH) take runner-up spot in Millstreet Grand Prix Tipperary’s Liam O’Meara finished best of the Irish in today’s three-star international Grand Prix at the Green Glens arena in Millstreet, Co Cork, where riders from Ireland filled three of the top four placesNenagh-based O’Meara guided the 12-year-old Irish Sport Horse Mr Coolcaum to runner-up spot on the podium, after a double clear round in 58.63 seconds. Edward Butler slotted into second with the stallion Cornet Son, while Jessica Burke and Dermish Cruise (ISH) came home in fourth.Victory however eluded the Irish, with Britain’s Laura Renwick partnering the nine-year-old gelding Heliodor Hybris to the winning double clear in 56.34. Tags: Home » General » Liam O’Meara and Mr Coolcaum (ISH) take runner-up spot in Millstreet Grand Prix 14 August 2016, 18:30
Fresh diagnoses have shown that Ghana midfielder Michael Essien’s recovery from injury is back on track and will play for the Black Stars in the first World Cup qualifier against Benin.This picture shows how the Chelsea midfielder is ahead of schedule in his recovery from knee ligament damage.Ghanasoccernet can confirm that he has made away with the clutches and even drives for his daily rehabilitation workout.The Chelsea midfielder, 25, has stepped up his rehabilitation programme with physio, Thierry Laurent in the gym even though he feared last month that that he could be out until March.But Essien is now hoping to return to action for the Blues early in the New Year to boost their Premier League challenge.If he does so, it will be four months earlier than originally thought, handing a boost to the Black Stars for their March date with Benin. Doctors had feared he would be out for the rest of the season after injuring his knee playing for Ghana against Libya in early September.Source: Sun and Ghanasoccernet reports