Laing O’Rourke’s assault on the peak of the annual contractor’s top 50 is gaining pace after harvesting a bumper crop of jobs in July.
Last month Ray O’Rourke’s contracting empire signed up for £417 million-worth of work. The pick of the crop was a £400 million Private Finance Initiative hospital deal in the Potteries, which was bagged in conjunction with John Laing Plc and reached financial close last month.
Balfour Beatty ran in second in July, taking 25 jobs totalling £311 million, and remains in top spot – one place ahead of Morgan Sindall, which had a £223 million order book.
Laing O’Rourke in third spot in the annual league is breathing down the necks of Balfour and Morgan Sindall and is well clear of fourth-placed Bovis Lend Lease, which was top this time last year. A year ago Laing O’Rourke slipped down to fifth place and its annual contracts workload was under £1.4 billion, according to Emap Glenigan.
Another firm that has climbed back up the table in recent months is Norwest Holst and this success continued into July, when the firm’s position was buoyed by the inclusion of work from Midlands contractor Weaver.
Norwest’s parent, French contracting giant Vinci, bought £50 million turnover Weaver last month.
The 10 jobs won by Weaver over the past year, totalling £28.7 million, have been included in Norwest’s monthly and annual totals.
Weaver has a number of jobs in the industrial sector, including a £6.2 million scheme for St Modwen in Gloucester; a £5 million project for AXA Sun Life in Birmingham; and a £2 million deal in Wolverhampton for manufacturer Fortress Interlocks.
Weaver also works in the commercial and office sector, including a £5.3 million deal for A&J Mucklow, a £2 million development in Solihull for Blythe Valley Park Developments and a £1.1 million scheme for developer Westfield in Brierley Hill.
All these schemes won over the last year are included in Norwest’s total.
In July, Norwest ran in 13th and has nine jobs worth a total of £85 million. In the year to July 2007, Norwest is in 12th place, with £899 million of contracts. This time last year Norwest was languishing down in 20th place.