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Interserve leads July league but top 50's haul falls short year on year

The value of contracts awarded in July was down by nearly a third on the same time last year, latest research reveals.

The top 50 saw 262 projects awarded, worth a total value of £1.9bn, according to data provided by construction business intelligence company Glenigan.

Top 50 contractors Jul 11-Jul 12

The figure was down by almost 30 per cent on the same month in 2011, when Laing O’Rourke secured the Cheesegrater and Bam bagged £250m-worth of contracts. But it is up on the previous month of June, when the top 50 picked up £1.77bn of work across 235 schemes.

Interserve climbed to the top of the table in July after the construction and support services firm secured 12 contracts. They included an £146m deal to build a recycling plant in Glasgow for Pennon subsidiary Viridor.

The contractor was selected after Viridor signed a 25-year design, build, finance and operate contract with the council to recycle and treat Glasgow’s residual municipal waste.

It will be built at the council’s own site in the south of the city and will incorporate advanced facilities for recycling and anaerobic digestion, while deploying waste treatment and gasification technology from Interserve’s specialist supply-chain partner.

Pennon, whose subsidiaries include Viridor, tops the chart this month, knocking top 10 regular Greater London Authority down to second place. Just outside the top five, Oldham College has awarded the refurbishment of its 1960s campus to Laing O’Rourke, let through the North West Construction Hub.

Just above Oldham College, Allied Developments has let its mixed-use development to Warings. The value of work let by the top 10 clients for July 2012 was £793.8m - 2.5 per cent lower than the total value for June’s top 10.

Large numbers of projects – rather than a smaller number of major schemes – continued to benefit some of the industry’s biggest players, such as Balfour Beatty, Morgan Sindall and Kier. Balfour Beatty took the second spot in the monthly table, with 23 projects totalling £173.9m.

Galliford Try was at number three with £139m of work across seven projects. Laing O’Rourke remained in the top five once again, with £115.4m of work across seven schemes.

The top five companies each secured more than £100m of work, but total values dropped sharply in the early teens, with Willmott Dixon, for example, securing 10 schemes worth a total of £31.8m.

The top eight clients over the year to July 2012 remain identical to the previous rolling 12 months. The Department of Health accounts for more than half of the total number of deals. Pennon’s entry is largely down to subsidiary Viridor’s £146m Glasgow recycling plant.

The top three clients have remained in the podium positions for the third consecutive month since Glenigan has included deals worth £250,000 or more in the league table, accounting for 52 per cent of the total value of work across the table.

Sir Robert McAlpine – which has seen a run of form at the top of the table on the back of some major commercial contract wins – dropped to 13th place in July.

Other big wins included lift specialist Otis, which secured an £100m job to fit lifts on Crossrail stations for the Greater London Authority.

Galliford Try also landed a £100m affordable housing scheme for the London Borough of Ealing and Notting Hill Housing. Bouygues company Warings scooped a £74m job for the second phase of Ocean Village in Southampton for Allied Developments, while Laing O’Rourke closed the deal on a £70m college scheme in Oldham, procured through the North West Construction Hub.

Balfour Beatty and Sir Robert McAlpine remain the top two in the annual contractor tables - covering the 12 months to July 2012. Balfour Beatty’s total is now closing in on £2.7bn across 216 schemes, up from £2.4bn last month. In contrast, Sir Robert McAlpine has won £1.8bn across 26 projects.

Kier has leapfrogged to third place in the annual list, with Morgan Sindall slipping two places to fifth. Kier secured 18 jobs in July, worth £62.8m, while Morgan Sindall secured 23 jobs worth £80.5m.

The monthly clients list sees Pennon - the owner of Viridor - at the top of the table, with the GLA continuing to be a consistent provider of work. Network Rail and the GLA stay at the top of the annual client list as Crossrail continues to be an important source of construction activity.

The value of work across the top 10 engineering consultants in July 2012 was half that of the previous month. WSP shoots into first place, from sixth in June, with Ramboll falling to second and Balfour Beatty going into the top 10.

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