‘Super sewer’ pushes Laing O’Rourke and Ferrovial to top

Packages awarded for mammoth London scheme play a big part in contract hauls for this month’s top 10

Thames Tideway Tunnel

The packages awarded for London’s “super sewer” have heavily influenced August’s top 10 contractors table, with Laing O’Rourke and Ferrovial Agroman jumping to equal first place on the back of a £746m joint venture win on the mega project.

The 50:50 joint venture between Laing O’Rourke and Ferrovial Agroman was confirmed in August as the winner of the construction package for the central section of the Thames Tideway Tunnel by delivery consortium Bazalgette, netting each contractor a £373m share.

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The Index shows construction contract awards based on Barbour ABI research. It is adjusted for seasonal variation and includes monthly deflators to allow for price changes. The Index is benchmarked against the value of 100 in January 2010.

For index data on 11 different industry sectors click here

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Your interactive guide to construction activity

Building’s barometer is your guide to construction economics and contract wins. Each month our interactive, sortable league tables are updated with the latest contract awards across the industry showing which firms are winning the most work and where. Barometer is also the home of the CPA/Barbour ABI Index, the leading monthly measure of construction activity in 10 key sectors.

Read our analysis and browse our tables to see how firms, sectors and areas are faring.

CPA/Barbour ABI Index

Noble Francis

Public sector cuts limit contract awards growth

21 November 2012 | By Noble Francis

Marginally more contracts were awarded in October than September – up 1% to 112.

Yet, contract awards remain relatively subdued – and the long lead time in some sectors means it could be a while, well into 2013, before we see output following suit and falling away.

Looking across the sectors, it’s a mixed picture, with the indices for public housing and public health falling in October – by 12% and 19%, respectively – because of public sector cuts. However, this was offset in October by contract awards in some private construction sectors.

Private housing contracts were 5% lower than in September, but still considerably higher than a year ago owing to work by major housebuilders. Commercial and industrial awards also rose considerably, yet were lower than a year ago and remain at historic lows so it is unlikely that we will see substantial growth soon.

League table methodology

The league tables are compiled using Barbour ABI data on contracts awarded and a survey of over 100 of the largest contractors. The project values for architect and QS league tables is based on Barbour ABI contract data. The figures include contracts worth £100k or more, and all work awarded by negotiation or competitive tender unless stated.

This information is compiled be Barbour ABI. To contact, call 0151-3533 500, email info@barbourabi.com or visit barbour-abi.com

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