The UK’s top 50 Contractor activity recovers to pre-coronavirus levels

The latest edition of the Top 50 League Tables published by industry analysts Barbour ABI, highlights the number and value of construction contracts awarded during July. This month shows that the combined value of contracts awarded to the Top 50 was just under £4 billion with a total of 165 projects.

RJ McLeod took this month’s top spot after being appointed the main contractor for the £500 million Viking Wind Farm in the Shetland Isles, Scotland. This large development will consist of 150 wind turbines and work also includes the construction of substations, quarries and 62 miles of access road.

The runners up spot this month is ISG with five awards totalling £221 million. The main contribution to this total will see them build another Amazon distribution centre in Dartford with completion expected to be in April 2022.

For July, Morgan Sindall were the busiest contractor with a total of 13 projects at a combined value of £87 million. Morgan Sindall currently sit in fifth place overall in the 12-month rolling league table, with a total of 128 projects valued at just over £1.2 billion.

Tom Hall, chief economist at Barbour ABI & AMA Research said, “Top 50 contract awards recovered strongly in July to more usual levels of £3.9 billion compared to 2019 average of 3.2 billion and January to March 2020 average of £3.9 billion. However, there was likely to be a bow wave of projects now being green-lighted after lockdown & furlough. given the uncertainty over the recovery in the wider economy the future planning pipeline is also currently uncertain”

Download the full report here: https://ubm.io/2WBolhM