Construction News

Wed September 30 2020

Related Information

Ranking of contract awards puts Balfour Beatty on top

11 Aug 11 Five contractors have won more than £1bn-worth of work in the UK in the past 12 months, with Balfour Beatty ahead of the competition.

In the year to July 2011 Balfour Beatty won 238 contracts worth more than £500,000, totalling £2,685.2m in value. In the previous year, to July 2010, Balfour Beatty was also first, winning 228 contracts together worth £2,175.8m

The rankings have been compiled by Glenigan, based on projects valued at over £500,000 that it knows about and include a proportion of framework contracts.

Laing O’Rourke is the only other contractor to win more than £2bn-worth of work. The 41 contracts won by Laing O’Rourke in the period were worth a total of £2,541.1m, putting it in second place.

In third place is Morgan Sindall, with contract wins totalling £1,866.8m. Morgan Sindall won more jobs worth £500k+ than any other firm, with 265 contract awards.

Related Information

Kier ranks fourth, winning 206 contracts worth £1,872.2m and Galliford Try is fifth with 85 contracts totalling £1,220.4m.

Balfour Beatty’s UK construction order intake in the first quarter was ahead of expectations, helped by work won by its regional UK building business, including novated Rok contracts and the award of a Crossrail contract for its civils business.

According to Glenigan data, Balfour Beatty's tendering success rate was similar to levels seen during the whole of 2010. However, Glenigan figures suggest life has got tougher for the group since 2009 when its success rate - measured by the value of its contracts - was higher. In the month of July 2011 alone, Balfour Beatty won 17 significant contracts worth a total of £114.5m. This compares with 22 contracts worth £248.3m in July 2010.

Balfour Beatty also continues to dominate Glenigan's league table of contractors in the roads sector. In the year to June 2011, the group won 41 roads-related contracts worth £1,340.5m – more than five times the amount won by second place Ferrovial, which won contracts worth £235m.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view more construction news »