In July, ISG topped the contractors league table with nine contracts awarded valued at a total of £425 million. The largest project being the London Waterloo Station retail and leisure development with a value of £200 million. ISG were also awarded the Amazon Warehouse development in Bowburn, County Durham worth £150 million.
In second place was Wates Construction, were awarded a total of seven contracts at a value of £383 million, therefore moving up eight places. The Nine Elms Parkside residential development in Wandsworth valued at £276 million was awarded to Telford Homes Plc. Therefore, putting them in third place for July.
This month shows that the combined value of contracts awarded to the top 50 was just shy of £4 billion and a total of 188 projects.
The contractor with the highest number of projects was Kier. In recent months, Kier have slipped from their top spot to lower positions down the table. In July they were awarded 22 projects at a combined value of £136 million. However, Kier still hold the top position in the rolling 12-month period with 151 projects at a total value of £1.74 billion. They are closely followed by ISG, with 60 projects valued at £1.45 billion.
Tom Hall, Chief Economist at Barbour ABI said. ‘This month we see top contractor’s activity dominated by residential and commercial & retail projects. As a result, the highest value project for ISG was the London Waterloo Station retail and leisure development with a value of £200 million. Wates Construction were awarded a £300 million project – Borough Yards commercial and office development in Southwark, London.”
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Planning and Building Control Today – ‘ISG tops contractor league table for July’