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Gotham gives Mace victory in growing top 50 table

The contractor top 50 increased more than 20 per cent year on year in February as Mace signed a single £400m deal to claim first place in the monthly league.

 Top 10 contractors, February 2018 
  Click here for the full top 50  
  Contractor No Total (£m)
1 Mace 1 400.0
2   37 319.2
3 Royal Bam 7 229.1
4 Willmott Dixon 16 213.1
5 Sir Robert McAlpine 5 167.3
6 Galliford Try 7 162.9
7 Wates  7 140.4
8 Graham 5 127.5
9 Buckingham 1 117.0
10   12 116.7
  League tables are subject to revision 

Construction’s top 50, which ranks firms by the value of contracts won in the month, saw its value increase by 22.8 per cent in February compared with the same month of 2017, hitting £3.67bn.

However, that figure was down 21.4 per cent on the £4.67bn recorded during January, according to construction intelligence provider Glenigan.

Mace topped February’s table after finally signing the deal to deliver the £400m ‘Gotham City’ project in central London – its first monthly league top spot since September 2016.

TH Real Estate named the contractor as its preferred bidder on the 40 Leadenhall Street office scheme more than two years ago in October 2015.

However, Mace has only now finalised the deal to build the 910,000 sq ft 34-storey scheme, with the agreement enough to send the firm to the contractor table summit for February.

 Top 10 clients February 2018   Top 10 clients, year to Feb 2018 
  Click here for the full top 50     Click here for the full top 50  
  Client No Total (£m)   Client No Total (£m)
1 TH Real Estate 2 401.5   Department for Transport 40 3807.1
2 Department of Health 21 220.0   Department of Health 265 1867.5
3 Department for Transport 4 118.1   Battersea Power Station DC 3 1607.0
4 Omega Warrington 1 117.0   Network Rail 85 1279.2
5 Capital & Counties 1 110.0   Manchester Airports Group 7 1128.9
6 Department for Education 13 99.6   Department for Education 85 790.4
7 Clarion  4 89.1   National Grid 16 585.8
8 Patten Properties 1 86.0   Ministry of Defence 32 582.7
9 Hanover Property Unit Trust 1 80.0   Homes England 17 515.4
10 Sterling Property  1 80.0   Pennon  10 495.7
  League tables are subject to revision    League tables are subject to revision 

TH Real Estate took top spot for the February client table due to signing the 40 Leadenhall Street project with Mace – its first client league win since August 2016. The Department of Health secured yet another podium finish with 21 contracts awarded during the month.

Fourth-placed Omega Warrington meanwhile handed Buckingham the £117m package for its mixed-use development, while Capital & Counties clinched fifth with its £110m deal for Wates to deliver phases two to four of the Lille Road site in Hammersmith.

There was precious little change to the annual clients table, with the leading eight companies holding their positions. The Department for Education did narrow the vast gap between sixth place and fifth, with National Grid and the Ministry of Defence simultaneously losing ground back in seventh.

Homes England (formerly the Homes and Communities Agency) was the only re-entry to the top 10, swapping places with the Greater London Authority, which slipped back to 11th.

Kier maintained its recent hot streak with second place in the period, having been first in three of the previous four monthly leagues.

The company bagged 37 wins in February worth a combined £319.2m, led by a £45m student accommodation project for the University of Warwick.

Bam took third in the month – its third podium place in the past five tables – bringing in £229.1m across seven deals, just ahead of Willmott Dixon’s 16-contract £213.1m haul.

Other major awards in February included Graham securing a £86m residential project in Liverpool for Patten Properties, Buckingham scooping a £117m package at the Omega South mixed-use development in Warrington, and Wates bagging phases two to four of the Lille Road scheme in Hammersmith for Capital & Counties, worth £110m.

At 223, the number of contracts signed across the top 50 in February declined by 9.3 per cent compared with January.

This gave an average contract value of £16.5m, down from a whopping £19m the previous month. However, February’s average value was still higher than the same month of 2017, when it stood at £12.1m.

 Top 10 contractors, year to Feb 2018 
  Click here for the full top 50  
  Contractor No Total (£m)
1   285 3,153.2
2 Sir Robert McAlpine   32 3,013.9
3 Galliford Try 144 2,644.7
4 Balfour Beatty 69 2,609.5
5 Laing O’Rourke 22 2,415.9
6 Vinci 51 2,248.1
7 Morgan   296 2,207.6
8 Mace  34 1,821.1
9 Bouygues UK 36 1,715.0
10 Willmott Dixon  146 1,549.8
  League tables are subject to revision 

In the annual table covering the 12 months to February, Kier’s recent purple patch finally dislodged Sir Robert McAlpine, which had headed the league for six consecutive periods.

Galliford Try, Balfour Beatty and Laing O’Rourke held their positions below the top two, but Morgan made way for Vinci to take sixth.

Mace’s big month propelled it from to eighth, while Skanska benefited from declines elsewhere to climb from to 15th. 

Interserve was down three places to 18th, Costain fell from 16th to 20th and Robertson was up four places to 25th.

The combined value of the 12-month league table passed a milestone to hit £43.02bn – up 0.1 per cent on the 12 months to January.

 Top 10 engineering consultants, Feb 2018 
  Click here for the full top 20  
  Engineering consultant No Total (£m)
1 Hoare Lea 8 492.0
2 WSP 2 459.3
3 Arup 9 429.0
4 Aecom 5 149.0
5 Curtins 7 101.5
6 Hydrock 6 98.2
7 Davies Maguire + Whitby 3 97.0
8 Scott-White & Hookins 1 90.0
9 Watkins Payne 1 80.0
10 Price & Myers 6 72.3
  League tables are subject to revision 

February’s top engineering consultant Hoare Lea had not claimed first place in the monthly league since June 2015. WSP followed up victory in December with second place, with Arup third having been fourth in January.

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