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Tue January 22 2019

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Kier tops January contracts league

3 Feb 17 Kier has topped The Builders’ Conference BCLive contracts league table for January with a haul of 14 contracts during the month worth an aggregate £282.4m.

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.  

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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.

 

BCLive Top 20 for January 2017

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