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Vinci tops May’s Contracts League

12 Jun 13 Vinci won more UK construction work than any other contractor during May, according to the latest Builders’ Conference Contracts League.

The full table can be seen in the June issue of The Construction Index magazine, now online and with printed copies set to land on subscribers’ doormats this week.

The month of May saw the total value of construction contracts awarded pass £3bn for the first time this year. The overall total value of 3.23bn was an increase of some £750m over April. It was also 70% higher than the £1.91bn awarded during May 2012.

May 2013 also saw the greatest number of contract awards at 570.

An analysis of where the work is coming from shows that education and housing were by far the busiest sectors for contract awards in May, accounting for two-thirds of the new business. Education accounted for 31% of all new contract awards in May (or 33% by value) while housing accounted for 29% of the total (or another 33% by value).

However, Builders Conference chief executive Neil Edwards says that the number of tenders is starting to level off in these sectors, which will have an impact on the market towards the end of the year. “This may be a short term blip especially as this is not an election vote winning strategy,” he suggests.

In most months, Carillion’s £400m contract for phase one of the Battersea Power Station redevelopment would be enough to put it top of the league. However, Vinci bagged an even bigger deal down in south Wales – a £450m contract for St Modwen Properties to build the University of Swansea’s new Science & Innovation Campus. This was one of five contracts won by Vinci Construction UK last month.

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The most number of contracts won during May is an honour shared by Morgan Sindall and Miller, who each gathered 18 awards. Morgan Sindall’s haul was marginally the more valuable, totalling nearly £193m, giving it the third spot in the league. The biggest of its May awards is a £32m contract for Network Rail at Manchester Victoria railway station.

Miller’s biggest contract of the month is a £23m school building job for Leicester City Council.

McLaren Construction is in sixth place, with a total of £118.1m. The biggest of its six awards last month is a £57m mixed-use development in Bromley for Cathedral Group (Eltham).

With a total of £117.2m for the month, Graham Construction is close behind in sixth, thanks to an £83m contract to build a new ward block at the Ulster Hospital in Belfast.

For the rolling year to date, shown below, Morgan Sindall remains top of the pile but Vinci has climbed three places since last month to take second position, pushing Laing O’Rourke and Balfour Beatty down to third and fourth respectively.

The rolling total value of all contracts awarded in the year to 31 May 2013 has gone up to £25.49bn, up from £24.19bn the previous month and up from £20.16bn this time last year.

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