Balfour Beatty tops the Contractor League Table for December
9th January 2020
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The results are in for December’s top 50 Contractors in the UK. Balfour Beatty topped the table with three contract awards at a total value of £297 million. The award of the Midland Metropolitan Hospital in Smethwick, a project that was originally contracted to Carillion, contributed £267 million to their total.
In second and third place were Kier Construction and John Graham Construction with a total contract award value of £149 million and £117 million respectively.
The combined value of contracts awarded to the top 50 was £2.0 billion with a total of 104 projects.
Quarterly figures indicate that construction activity in the final quarter of 2019 was down compared to the previous quarter. October-December 2019 saw a total contract award value of £9.2 billion to the top 50. This is a decrease of 9.8% compared with July-September 2019. There was also a decrease of 8.9% on the number of projects awarded in Q4 compared to Q3.
Activity numbers in both value and quantity were low in December, perhaps this is to be expected due to companies awaiting the outcome of the General Election, uncertainty of the Brexit outcome, and seasonal effect.
Balfour Beatty also ended 2019 at the top of the overall table for 2019. Over the past year, they were awarded 47 projects with a combined value of £1.75 billion. In second place for the year was Galliford Try. They completed the year on 82 project awards at a total value of £1.7 billion.
Kier Construction had the busiest year of the top 50 with regards to quantity of projects. They were awarded a total of 144 contracts, totalling in just shy of £1.5 billion placing them in sixth position for the year.
Access the full Top 50 Construction League Table here:Download