Kier tops CJ50 with public sector work haul
07:59 21 Oct 2009
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Having won £665m worth of work in September, the month provided some solace for Kier after the firm was hit with an £18m OFT fine. Public sector work accounted for two-thirds of the £2.5bn total, which remains below the 12-month average.
In the same month that it was fined £18m by the Office of Fair Trading, Kier topped the CJ50 table with £665m-worth of work.
Its main consolation would have been the £600m contract to repair and maintain North Tyneside Council's social housing stock and other council-owned property. The contract will initially run for 10 years but could be extended for a further five.
The total of new work let was marginally higher than August, though still below the 12-month average. Public sector spending again propped up order books, accounting for two-thirds of work let. Both infrastructure and housing halved in value from the previous month.
Having not featured in August BAM Construction bounced back with 13 deals worth £231m. It was one of the few firms to win and commercial contracts, the most significant being a £95m deal to build a headquarters for Co-op in Manchester. It also secured a £31m mental health facility for Shrewsbury NHS Trust and a £30m college for North West Kent College.
Balfour Beatty - last month’s winners - came in third with a £228m haul, most of which was public sector work. It emerged top of the class for a £57m scheme at Exeter University, a £57m academy in Lincoln and the £26m West Derby and Ernest Cookson School in Liverpool.
Holding firm in fourth, Galliford Try made the most of the infrastructure schemes available. It won almost all work available in the sector, including United Utilities’ AMP5 framework in Lancashire worth £125m and three infrastructure lots for Scottish Water worth a total of £75.
Having won a hatful of public sector schemes, Laing O’Rourke moved up three places to fifth with £173m worth of new work. Its wins included three NHS deals, one worth £31m in Aberystwyth, another worth £25m in Northumberland and the £25m Prince Charles Hospital from Cwm Taf.
Other contractors doing deals in September included Miller Construction who moved up to sixth with the help of two college schemes worth a total of £67m, and Volker Wessels who secured the £62m East Kent access phase 2 roads scheme.