Smaller projects provide work up north as almost £7 billion of work is still up for grabs
Work can be tricky to come by in many regions of the UK and like other counties, Yorkshire and Humber have seen decline in work across many sectors over the past year.
However, while there a lack of scheme starts last year there was a 41 per cent rise in the number of civil engineering projects on site. And as Construction News reported on 28 May, there were more projects put out to tender last month across the country [May] than at any other time this year. Many of these are jobs of around £100,000 to £250,000 and these are strongest in the north of England and west Midlands.
Andrew McLaren, an associate at Drivers Jonas in Leeds says this is set to continue. “Although central government projects have been scaled down there are a lot of applications for local projects,” he says.
The table (attached file on the right hand side) in the lists the top 30 projects by value, which comes to nearly £7 billion worth of work. Much of this is in power and infrastructure, so there is still much to be had.
Glenigan forecasts that in the first quarter of 2010, there will be a 61 per cent increase in the number of construction starts versus the same time this year, at a value of £730 million. And while this is not on the scale of 2007, it is still good news for the region. Added to this, it does not include projects of more than £100 million of which there are a further 12 (see table).
Yorkshire Forward, the regional development agency, is trying hard to keep work going and has £75 million for this financial year for regeneration projects – the same budget as last year.
A spokeswoman says: “With our partners we are seeking to adapt to the current economic climate and we are seeking to make progress on all our renaissance [regeneration] schemes in the region. This flexible approach will put us in a positive position when the market starts to turn.”
Construction is the largest spend for the 22 local authorities in the region, coming in at about £1.2 billion a year.