6 ALPHA NEWSLETTER
Simon Cooke, Managing Director, 6 Alpha Associates
Welcome to the latest edition of the 6 Alpha Associates BulletIn. Arguably, developers and contractors undertaking large-scale infrastructure projects worldwide have just three principal risk concerns: schedule, cost and reputation. Successfully balancing these three interlinked factors is critical to the success of any major construction initiative, however, with an increasingly uncertain political and regulatory landscape to negotiate, achieving this balance may become progressively more difficult.
Fracking: New opportunities and risks
Earlier this month news emerged that the Government had given the energy business, Cuadrilla, permission to start hydraulic fracturing – fracking – for natural gas in Lancashire. As a result, energy infrastructure businesses can begin to consider where they fit into the development process, and what steps are required for holistic project safety.
6 Alpha secures RISQS rating
The UK rail industry continues to experience rapid growth, with the total volume of passenger and freight traffic set to increase by 14% and 19%, respectively, over the next three years. Maintaining this growth requires considerable investment in upgrading network infrastructure, with widespread electrification work taking place across the UK and a number of high-profile projects in the planning or underway, including Crossrail, HS2, the Northern Hub and the Edinburgh-Glasgow Improvement Project.
Event Preview: The 6 Alpha Associates Summit
Developed exclusively for project and special risk managers, these bi-annual invitation-only initiatives provide a platform through which market participants can come together to share and discuss industry information and market developments, in order to enhance future industry best practice.
6 Alpha Associates Safely Removes Norwich Chemical Mine
On 4th August this year, 6 Alpha identified and managed the safe clearance of an inoperative chemical mine from a site at Horsham St Faith, a former RAF airfield. The routine removal was part of work delivered by the company in accordance with a long-term contract with Norfolk County Council and Balfour Beatty, for the Norwich Northern Distributor Road (NDR) development.