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Amec takes pole position again
13:12 19 Mar 2003
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Amec took top spot in the CJ50 for the second month running after
closing two big privately-financed infrastructure deals.
The largest of these was the Docklands Light Railway extension to City Airport. Amec and its consortium partner the Royal Bank of Scotland have signed up to design, build, finance and maintain the 4.4km extension over a 30-year concession worth £300m. The capital works part of the project is worth £175m.
Work commenced earlier this month, with a projected completion date of autumn 2005. The rail extension will run from Canning Town, with stations at West Silvertown and Pontoon Dock, before reaching London City Airport. There will also be one further stop beyond the airport at King George V Dock (North Woolwich).
Amec also secured a privately financed road job from the Highways Agency, as part of the Road Management Services consortium, in which it holds a 25% share. Other consortium members are Alfred McAlpine, Dragados and Kellogg Brown & Root.
The deal involves the upgrade of a 53km section of the A1 in Yorkshire to motorway standard. The consortium will design, build, finance and operate the stretch of the A1 between Darrington and Dishforth. The 33-year concession has an investment value of around £245m.
Second-placed Carillion also did well out of the Highways Agency, taking the Area 12 MAC and an upgrade job on the A74.
Carillion's second MAC
The five-year MAC, which has an option to extend to seven years, covers 750km of motorways and trunk roads in Yorkshire and Derbyshire. Carillion has won the contract in a jv with WSP, in which it holds a 60% share, and the deal is worth up to £230m. It's Carillion's second MAC, following the award of Area 8, the first MAC to be awarded, in 2001.
The A74 upgrade is on a 9km stretch north of Carlisle, the missing link in the M6 route between England and Scotland, and is worth £65m. However, construction will not start until 2005/2006 as Carillion still has to work up detailed designs for the project.
Carillion also claimed two supermarket deals from Asda in Oldbury and Stevenage, worth £10.5m and £13.1m respectively.
Laing O'Rourke finished third, after finally closing the Red Dragon aircraft hangar project in South Wales. The deal with the Defence Aviation Repair Agency is worth £70m, and involves construction of a 'superhangar' in which up to 48 Tornado fighter aircraft can be maintained.
Laing also reached financial close on a £99m PFI deal to build and operate 16 police stations and a traffic headquarters for Greater Manchester Police. Construction on the £78m building contract will begin later this month, with work set to take just over two years.
Taylor Woodrow stormed into fourth spot, after a strong showing in social housing, while Balfour Beatty took fifth, its biggest win a £35m infrastructure maintenance contract from BAA for Scottish airports. Also in Scotland, Balfour won a £14.3m deal to build new primary schools in Glasgow.
Sixth-placed Morgan Sindall maintained its strong position in the social housing sector with three sizeable wins: a £9.5m deal with the Homezone housing association in Lichfield, another worth the same amount with Bromfield Housing Group in nearby Telford, and an £11.2m contract with Waverley Borough Council in Surrey.
Kier came seventh with its usual high return of small private commercial deals, while a strong showing in the same sector helped John Mowlem finish eighth for the second month running.
Ninth-placed Willmott Dixon made a rare top-10 appearance, its biggest win a £9.3m deal with the Places for People housing association in Watford, for flats and a nursery. Mansell also squeezed into the top 10 on the back of a good social housing month.
The largest deal outside the top 10 this month was Warings' £14.5m contract to build new offices for National Air Traffic Services.
In an otherwise poor month for the private commercial sector, other significant awards included: HBG's £11m deal from Asda for a new supermarket in Edinburgh, Sisk's £8.4m contract with Fohaven Investments to build a new hotel in Shoreditch, on the edge of the City of London, and a £7.3m deal for Propencity to refurbish a department store for Allders in Clapham Junction, south London.
Taylor Woodrow returned the only management contracts of the month, collectively worth £24m. n
The largest of these was the Docklands Light Railway extension to City Airport. Amec and its consortium partner the Royal Bank of Scotland have signed up to design, build, finance and maintain the 4.4km extension over a 30-year concession worth £300m. The capital works part of the project is worth £175m.
Work commenced earlier this month, with a projected completion date of autumn 2005. The rail extension will run from Canning Town, with stations at West Silvertown and Pontoon Dock, before reaching London City Airport. There will also be one further stop beyond the airport at King George V Dock (North Woolwich).
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Amec also secured a privately financed road job from the Highways Agency, as part of the Road Management Services consortium, in which it holds a 25% share. Other consortium members are Alfred McAlpine, Dragados and Kellogg Brown & Root.
The deal involves the upgrade of a 53km section of the A1 in Yorkshire to motorway standard. The consortium will design, build, finance and operate the stretch of the A1 between Darrington and Dishforth. The 33-year concession has an investment value of around £245m.
Second-placed Carillion also did well out of the Highways Agency, taking the Area 12 MAC and an upgrade job on the A74.
Carillion's second MAC
The five-year MAC, which has an option to extend to seven years, covers 750km of motorways and trunk roads in Yorkshire and Derbyshire. Carillion has won the contract in a jv with WSP, in which it holds a 60% share, and the deal is worth up to £230m. It's Carillion's second MAC, following the award of Area 8, the first MAC to be awarded, in 2001.
The A74 upgrade is on a 9km stretch north of Carlisle, the missing link in the M6 route between England and Scotland, and is worth £65m. However, construction will not start until 2005/2006 as Carillion still has to work up detailed designs for the project.
Carillion also claimed two supermarket deals from Asda in Oldbury and Stevenage, worth £10.5m and £13.1m respectively.
Laing O'Rourke finished third, after finally closing the Red Dragon aircraft hangar project in South Wales. The deal with the Defence Aviation Repair Agency is worth £70m, and involves construction of a 'superhangar' in which up to 48 Tornado fighter aircraft can be maintained.
Laing also reached financial close on a £99m PFI deal to build and operate 16 police stations and a traffic headquarters for Greater Manchester Police. Construction on the £78m building contract will begin later this month, with work set to take just over two years.
Taylor Woodrow stormed into fourth spot, after a strong showing in social housing, while Balfour Beatty took fifth, its biggest win a £35m infrastructure maintenance contract from BAA for Scottish airports. Also in Scotland, Balfour won a £14.3m deal to build new primary schools in Glasgow.
Sixth-placed Morgan Sindall maintained its strong position in the social housing sector with three sizeable wins: a £9.5m deal with the Homezone housing association in Lichfield, another worth the same amount with Bromfield Housing Group in nearby Telford, and an £11.2m contract with Waverley Borough Council in Surrey.
Kier came seventh with its usual high return of small private commercial deals, while a strong showing in the same sector helped John Mowlem finish eighth for the second month running.
Ninth-placed Willmott Dixon made a rare top-10 appearance, its biggest win a £9.3m deal with the Places for People housing association in Watford, for flats and a nursery. Mansell also squeezed into the top 10 on the back of a good social housing month.
The largest deal outside the top 10 this month was Warings' £14.5m contract to build new offices for National Air Traffic Services.
In an otherwise poor month for the private commercial sector, other significant awards included: HBG's £11m deal from Asda for a new supermarket in Edinburgh, Sisk's £8.4m contract with Fohaven Investments to build a new hotel in Shoreditch, on the edge of the City of London, and a £7.3m deal for Propencity to refurbish a department store for Allders in Clapham Junction, south London.
Taylor Woodrow returned the only management contracts of the month, collectively worth £24m. n
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