Familiar names returned to the top of the construction league table in February, with Carillion and Balfour Beatty scooping more than a third of the top 50’s haul.
After January’s table was headed by energy firms Alstom and Dong, the industry’s biggest two players reasserted their dominance last month. Balfour alone won a quarter of the top 50’s total, scooping £909.8 million from 10 new contracts.
The two construction giants also topped the annual contractors’ list for the year to February, with the gap between them over the year less than it was last month, at under £500 million.
Balfour Beatty is also top of the league north of the border while Carillion does not feature in the top 100 in Scotland. Balfour’s big triumph last month came from winning a job from Spanish infrastructure giant Ferrovial worth about £750 million.
The contract will see major works carried out at Heathrow Airport as part of the Eastern Campus development. The Spanish firm, parent company of BAA, which owns seven UK airports, topped the February clients’ table thanks to the deal with Balfour.
Ferrovial is also top of the contractors’ league table in the East Midlands after winning a £275 million motorway and trunk road management contract from the Highways Agency.
The north of England continues to be led by energy firms. New entrant at the top of the northern league is Burntisland Fabrications, which won a £480 million job to build a 30-turbine offshore wind farm near Barrow-in-Furness.
Despite February being the shortest month of the year, it was a good one in comparison with recent months for the top 50: 166 deals were signed worth £3.44 billion. December saw 183 deals worth £2.28 billion and January’s top 50 penned 243 deals worth £3.9 billion.
But the two biggest of that month, worth a combined £1.17 billion, went to Alstom and Dong. Architects and surveyors continued to feel the effects of recession, with their contract league tables showing drops compared with the previous month.
The top 10 architects signed 21 deals worth £736.6 million compared with the previous month’s 27 deals worth £985.4 million. Meanwhile surveyors saw their new work won drop 38 per cent, with 28 deals worth £382.9 million, compared with January’s 47 jobs worth £621.4 million.
CN’s monthly league tables are based on information supplied by Emap Glenigan.