Overall, the total value of construction contracts signed in January 2017 was just over £4bn, the same as in January 2016.
“It marks a welcome return to something like normality following a year in which the troughs greatly outnumbered the peaks,” said Neil Edwards, chief executive of The Builders’ Conference. “Even the running year total has stabilised at £43bn, having fallen progressively by almost a quarter during 2016.”
Kier’s contract signings during the month included an £85m win for the construction of the new Arndale Centre in Eastbourne.
In second place on the monthly countdown was Carillion, with £215.2m of new contracts, narrowly beating Keepmoat, which netted the greatest number of new contracts with 18 and a combined value of £214.4m.
Keepmoat’s key deal was a £150m contract for housing refurbishment and repair for Northampton Partnership Homes. Housing-related work was the month’s big money-spinner with a £1.47bn contribution to the league’s grand total. Other big housing deals signed during the month included Carillion’s £90m contract from Moda Living for the construction of a new 36-storey tower block in Manchester.
Schools, the second largest sector on the January league table, took McLaren Construction up to fourth spot, the company winning a £121m contract in Hackney.
Balfour Beatty landed a £150m order for the construction of The Madison residential tgower block in London Docklands while Morgan Sindall maintained its reputation for winning numerous contracts by bagging 15 during the month.