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Mowlem and Amec compete for 1st - CJ40 LEAGUE APRIL RESULTS
00:00 18 May 1995
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New orders for major construction work were at their weakest level
in April compared with any previous month in the past two years.
Only a handful of big commercial and infrastructure contracts induced leading players in the CJ40 League to score a total of œ687 million for the month.
Although undue attention should not be directed to the figures for an individual month, the monthly total has never been lower since the œ671 million total for May 1993.
CJ40 League monthly totals represent new UK building and civil engineering contracts worth over œ500,000 awarded to the month's 40 leading players.
This leading indicator suggests that official new order statistics to be published later by the DoE, which additionally include much smaller contracts, will also crumble.
CJ40's rolling three-month table was also arrested by the April slump to record œ2.85 billion for the three months to April.
The moving total had hit a high of œ3.19 billion for the three months to March, the most buoyant three months in the past 14 similar periods.
CJ40 also demonstrates the competitive position between contractors April's results showing John Mowlem and Amec neck and neck.
Mowlem's intake of qualifying orders totalled œ84.8 million compared with Amec's œ83.3 million.
The greater number of individual contracts was won by Mowlem whose gains were spread across all sectors.
Both companies had high scores from private commercial work and took more than a third of the sector's value between them.
These included the œ25 million contract won by Amec Building for the second phase design and build of Alliance and Leicester's Carlton Park customer services centre in Narborough.
Third placed Costain won the œ50 million contract to widen the M5, which includes strengthening the Avonmouth bridge, to the west of Bristol.
The month's biggest contract, shared by the Hochtief-Kier joint venture, was the œ64.7 million dualling of the A229 Thanet Way in Kent. That helped secure fourth place in the CJ40 League for Kier.
Only a handful of big commercial and infrastructure contracts induced leading players in the CJ40 League to score a total of œ687 million for the month.
Although undue attention should not be directed to the figures for an individual month, the monthly total has never been lower since the œ671 million total for May 1993.
CJ40 League monthly totals represent new UK building and civil engineering contracts worth over œ500,000 awarded to the month's 40 leading players.
This leading indicator suggests that official new order statistics to be published later by the DoE, which additionally include much smaller contracts, will also crumble.
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CJ40's rolling three-month table was also arrested by the April slump to record œ2.85 billion for the three months to April.
The moving total had hit a high of œ3.19 billion for the three months to March, the most buoyant three months in the past 14 similar periods.
CJ40 also demonstrates the competitive position between contractors April's results showing John Mowlem and Amec neck and neck.
Mowlem's intake of qualifying orders totalled œ84.8 million compared with Amec's œ83.3 million.
The greater number of individual contracts was won by Mowlem whose gains were spread across all sectors.
Both companies had high scores from private commercial work and took more than a third of the sector's value between them.
These included the œ25 million contract won by Amec Building for the second phase design and build of Alliance and Leicester's Carlton Park customer services centre in Narborough.
Third placed Costain won the œ50 million contract to widen the M5, which includes strengthening the Avonmouth bridge, to the west of Bristol.
The month's biggest contract, shared by the Hochtief-Kier joint venture, was the œ64.7 million dualling of the A229 Thanet Way in Kent. That helped secure fourth place in the CJ40 League for Kier.
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