.png)
Second was Morgan Sindall, with £160.9m from 18 projects, just shading Sir Robert McAlpine’s £160m from just two contracts. McAlpine signed the month’s biggest contract, the £150m deal to extend the Victoria Gate shopping centre in Leeds for Hammerson UK Properties.
Balfour Beatty’s haul included a £50m contract to transform the London 2012 Olympic Stadium for future uses. It also picked up £51m of work in the housing sector and £43m from railways.
ISG, BAM, Wates and Brookfield also all signed deals aggregating more than £100m in value last month.
According to the BCLive league table, nearly £3bn-worth of contract awards came on stream in February, a 70% rise on the £1.76bn recorded in February 2013. However, the sting in the tale is that tender activity – indicating future workload – appears to have fallen by 34% in value.
Builders' Conference chief executive Neil Edwards said: “In February 2013, we collected data on 846 tenders with a combined value of £4.125bn. In February 2014, those figures had fallen to 665 and £2.735bn respectively. And while February tenders were up by approximately 10% in both number and value on January 2014, it suggests that the recovery is at best faltering.”
Got a story? Email news@theconstructionindex.co.uk
