Sir Robert McAlpine has topped the contractor league for July following a £500m hotel deal, while it was all change in the 12-month table as numerous major wins fell outside the period covered.
|Top 10 contractors, July 2016|
|Click here for the full top 50|
|1||Sir Robert McAlpine||1||500.0|
The £500m Peninsula Hotel on London’s Hyde Park Corner is being developed by Grosvenor alongside Hongkong & Shanghai Hotels. Sir Robert McAlpine will replace existing offices on the site with a luxury hotel and apartments, with construction expected to get under way in summer 2017.
Balfour Beatty was second for the month, according to construction intelligence provider Glenigan, its 11 wins spearheaded by a £170m job to upgrade baggage screening and handling systems at Heathrow.
Third-placed Buckingham’s haul included a contract for a training centre in Widnes worth £60m, which will be delivered over three phases.
The annual contractor league covering the year to July meanwhile saw significant upheaval after a number of major wins fell outside the 12 months covered.
These included £1.5bn of smart motorway contracts for Highways England, won by Balfour, Costain, Carillion, Galliford Try, Kier and Vinci; Thames Tideway contracts awarded to Balfour, Bam Nuttall, Costain, Ferrovial, Laing O’Rourke, Morgan Sindall and Vinci; and the £420m A6 project in Belfast, secured by Graham and Farrans.
As a result, Kier relinquished top spot in the annual table for the first period since the 12 months to August 2015, dropping to sixth and handing Bouygues top spot.
Bam was up three places to sit second, Morgan Sindall rose from seventh to fourth, and Galliford Try took over seventh after falling five places.
The exit from the rolling total of so many major deals also meant the 12-month table as a whole contracted dramatically, the value of the top 50 contractors’ combined wins falling 15.2 per cent to stand at £23.05bn – the lowest figure for four years.