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Westminster win gives Wates first league triumph

The £500m renovation of Parliament’s Northern Estate gave Wates its first contractor league table triumph on record in May. 

 Top 10 contractors, May 2018  
  Click here for the full top 50  
  Contractor No Total (£m)
1 Wates 6 694.1
2 Henry  7 309.0
3 Galliford Try 7 159.1
4 Graham 4 137.0
5 Balfour Beatty 7 124.2
6 Morgan Sindall  21 116.2
7 Willmott Dixon  7 101.3
8 Lendlease 1 100.0
9 Sir Robert McAlpine 4 87.5
10 Bouygues UK 2 80.0
  League tables are subject to revision 

The contractor secured six contracts for the month at a combined value of £694.1m, according to Glenigan, led by the deal to refurbish several parliamentary offices in Westminster.

Wates will revamp around 15,300 sq m of floorspace under the contract on buildings including Norman Shaw North and South, 1 Parliament Street and 1 Derby Gate.

Second place in May went to Henry Bros – the contractor’s first ever top-10 appearance, its previous high being 13th in April 2016.

Henry bagged seven contracts totalling £309m during the month, including the £118m deal to deliver the Dane’s Yard scheme in east London – the first phase in a wider mixed-use scheme being overseen by developer Vastint UK. 

The contractor also finalised the £100m Taberner House scheme in south London, a 35-storey build-to-rent tower being led by Legal & General and Hub.

Galliford Try claimed third in the league table, which ranks contractors by the value of wins in the month. It was Galliford’s second podium of 2018, having taken the runner-up spot in January.

Other high-value contracts awarded during May included a £100m refurbishment of Richmond House in central London, which was handed to Lendlease.

 Top 10 contractors, year to May 2018 
  Click here for the full top 50  
  Contractor No Total (£m)
1 Kier 281 3,179.3
2 Balfour Beatty 73 2,820.7
3 Galliford Try 128 2,452.6
4 Wates 98 2,338.7
5 Morgan Sindall  262 2,108.3
6 Vinci 44 1,914.8
7 Laing O’Rourke 23 1,875.6
8 Bouygues UK 35 1,668.7
9 Willmott Dixon  134 1,542.2
10 Sir Robert McAlpine   34 1,498.3
  League tables are subject to revision 

In the annual contractor league, Kier’s huge lead narrowed somewhat after several deals fell outside the 12-month period covered, while Balfour Beatty also held position despite a similar contraction in its total. 

The biggest mover, however, was Sir Robert McAlpine, which dropped from third to 10th after its deal for Battersea Power Station’s £1bn third phase – won in May 2017 – slipped out of the period covered.

Elsewhere Wates soared from ninth to an all-time high of fourth for the year to May, Vinci leapfrogged Laing O’Rourke into sixth, and Henry climbed from 24th to 17th. 

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