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The Northern Ireland firm remains optimistic about its order book for 2025/26, yet anticipates project delays to continue to impact turnover.

A 2% rise in tender price inflation is expected, indicating a steady recovery from cost increases, planning delays, and labour shortages.

Lower Thames Crossing given £590 million cash injection to its already £9 billion-plus bill, coincides with public sector contract bid change

Andrew Spencer has been appointed as supply chain and procurement director at Galliford, after 10 years in similar roles at Skanska.

Karl Wiseman joins with more than 20 years housing sector experience, with senior roles including construction director and regional MD.

The integration of the £18.1 million turnover Lancashire firm is set to streamline procurement and enhance on-site compatibility.

Originally founded as AMCO in 1970, the company rebranded to AmcoGiffen in 2018 after being acquired by Renew Holdings and merged with Giffen.

Previous progress reports indicate insufficient funds to pay unsecured creditors, including subcontractors owed £18.7 million and suppliers owed £6 million.

By prioritising margin, maintaining strong client relationships, and disciplined risk management, GMI has secured a £280 million pipeline.

The Competition and Markets Authority estimates £10.3 billion was spent on public roads and £8.7 billion on railways in 2023/24.