Enterprise ramps up bid teams for work boom

Aaron Morby 13 years ago
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Expanding utility contractor Enterprise has boosted its new business team in anticipation of greater demand for outsourcing work.

Enterprise is banking on the October spending review delivering a windfall of work over coming years as the Government seeks to squeeze more out of its spending.

The firm said that in the last 12 months it had secured more than £1bn in contracts.

Already growth in term contracts and frameworks has boosted the order book to new heights, exceeding £5bn and delivering a pipeline of work estimated to be over £10bn.

In the first six months of 2010, group turnover rose 3.4% to £559m. Profit remained flat at £34.3m, largely down to the extra investment in Enterprises’s operational teams.

Neil Kirkby, chief executive of Enterprise said, “Following the award of a number of high value, long term contracts in the utility divison in the second half of 2009, during the first six months of 2010 we mobilised new work with annualised revenues of around £200m.

“In the public sector division, we made further progress on a number of fronts and won several new contracts, including significant work with the Highways Agency and from Family Mosaic Housing Association in the South East of England.

“Our Group order book stands in excess of £5 billion and we continue to pursue many new opportunities.”

Enterprise believes the drive to greater localism and social inclusion against a backdrop of greater value for money will boost its business.

The firms said it was confident that it would succeed as only one of a handful of firms with national scale and local presence in the sector.

Since 2003, Enterprise has worked in partnership with Liverpool City Council. The cost of supplying essential Highways work was reduced by 25% and performance standards improved.

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