The government has published its long-awaited ten-year National Infrastructure and Construction Pipeline. Between £21 billion and £31 billion of contracts across economic and social infrastructure will be brought to market over the next year, with a projected £650 billion over the next 10 years.
The Infrastructure and Projects Authority’s (IPA) new national infrastructure and construction pipeline covers procurement plans for the next year and beyond, with details on the value of contracts and dates on when they will be awarded. More than 400 contracts are listed for the upcoming year, and mainly cover developments in the transport industry. The pipeline will support 425,000 jobs annually on average over the period 2021/22 to 2024/25.
In the five years up to 2024/25, the government expects to contract out around £200 billion worth of work. The transport industry will benefit from £70 billion of that fund, while £51.3 billion will go towards the energy sector. More than £50 billion of the transport fund will be in public contracts, while the remainder will be for public-private partnerships.
The IPA’s flagship change programme, Transforming Infrastructure Performance: Roadmap to 2030, was also published alongside the pipeline. It brings together the IPA’s diverse infrastructure expertise to lead real system change across government and industry.