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Balfour Beatty has provided few further clues to the nature of its restructure of its UK Construction services division in an update to the city today, but warned that the outlook in the construction sector in the UK remained 鈥渃hallenging鈥�.

In an interim management statement the global construction and infrastructure giant said the group鈥檚 overall performance was 鈥渃onsistent with the outlook given at the time of the full-year results鈥� and that while there were some 鈥渟igns of recovery in the US鈥�, the UK construction market remained 鈥渃hallenging鈥�.

The firms said: 鈥淟ooking ahead, the operating environment in the construction sector remains challenging in some of our major markets. While US market recovery and liquidity improvement in Dubai bode well for upside, the UK market is expected to remain competitive.

鈥淲e are taking the necessary actions to manage the businesses through this period including those which will drive further structural efficiency across the Group.

However, the contractor gave no further updates on the restructure of its UK Construction services division.

, the heavy-weight contractor announced a restructure of its 拢3.4bn turnover UK construction services arm in March, with the consultation covering all 12,000 construction services staff, although only around 600 jobs are expected to be lost.

The firm is focusing on restructuring the UK construction services arm around 鈥渢hree main pillars鈥� of business: regional building and civils; regional M&E; and major infrastructure.

The move was part of a wider drive to realise 拢50m of savings a year by 2015. In March chief executive Ian Tyler said the efficiency drive would aim to 鈥渢ake advantage of the increasing integration of our activities鈥�, with 拢10m to be realised over 2012 - on top of the 拢15m already identified - 拢30m over 2013, and 拢10m over 2014.

Today the firm said: 鈥淎s announced in March 2012, we are building on the existing programme with additional targeted savings of 拢50 million p.a. by 2015.

鈥淪ome of these measures will impact existing employees and a consultation process has now started. The majority of the benefits of this programme are likely to be delivered in 2013, underpinning margins primarily in UK Construction Services and Support Services.鈥�

The first phase of the consultation was expected to conclude at the end of April, with a decision to follow on whether to proceed with the restructure.

In another trading update, contractor Costain said it had secured 拢800m in revenue so far this year, with its order book currently standing it 拢2.4bn.

The statement said: 鈥淲hilst market conditions remain uncertain, the Group has strong financial resources and is delivering on its clear strategy.鈥�