£146m recycling and renewable energy project in Glasgow sees contractor top August work table
A £146m waste and energy centre job helped Interserve to the top of building work league table for August, while Bower & Kirkland was the biggest mover with a £108m haul.
Interserve’s £172m contract haul comprised 16 project wins, but was boosted by the firm’s £146m contract with Viridor for a Recycling and Renewable Energy Centre for Glasgow City Council.
Bower & Kirkland moved from 14th in the overall table to third, with a £108m haul - and topped the league table, excluding civils - after picking up seven contracts, including the £93m job to build the Center Parcs in Woburn.
Laing O’Rourke, which topped the table last month on the back of its £2bn Hinkley nuclear contract, slipped down to seventh, with three contract wins totalling £57m.
The news came as the CPA/Barbour ABI construction index fell for the fourth consecutive month.
The index, compiled by the Construction Products Association (CPA) using data from construction information firm Barbour ABI, measures contract awards and uses a January 2010 base of 100. Since April, when a surprise rise in activity pushed the index to 119, it has fallen every month and has now fallen to 107 - down from 111 last month.
Noble Francis, CPA economics director, said while the fall was across most sectors, the decline in privately-funded construction was the most worrying, with falls in the indices for industrial and commercial work.
The results emerged as the Office for National Statistics reported construction output for the month of July was down 10.1% on July 2011 - while for the three months to July, new infrastructure work was down 23.9% and new public housing was down 22.4% on the same period last year.
No comments yet