Scottish Hub bonanza as work set to top £1bn

Aaron Morby 8 years ago

Firms working for the Scottish Hub programme are experiencing surging orders as the investment programme slips into gear.

The Hub procurement programme has been slow to start since contractors were lined up more than two years ago but workload is expected to top £1bn this year.

Latest figures from the Scottish Futures Trust, which manages the hub programme, value projects currently under construction at £323m, which are now supporting over industry 4,000 jobs.

This means that the value of hub community projects under construction or opened has jumped nearly 60% to £465m between April and September.

An estimated £980m worth of projects are in development promising a sustained work bonanza for tier one contractors operating in the five Scottish Hub regions.

The SFT predicts that the Hub programme will now start to motor with £1bn of projects complete or under construction by the end of the 2014/15 financial year.

In each territory, participating public bodies have teamed up with a private partner to form a new joint venture company, which is developing and building a diverse pipeline of community infrastructure projects.

Major Hub projects under construction

John Hope, the national Hub programme director at SFT, said: “The hub programme is an innovative approach to deliver best-value community facilities which provides public bodies with a quick and efficient way of getting their projects into construction.

“With 84% of Hub construction contracts being awarded to local SMEs, many thousands of local SME jobs are being protected.

“By the end of the financial year, the value of hub projects under construction or open will hit £1bn.”

Douglas Small, joint managing director of Ashleigh Building, said: “As a Tier 1 Contractor working in partnership with Hub South West Scotland, this ongoing relationship has allowed us to develop our existing ‘Employment and Apprenticeship Programme’ as part of our wider role within the Territory.

Screen Shot 2014-09-25 at 23.31.43


Screen Shot 2014-09-25 at 23.41.58

Latest news

Kier pulls off contracts league double in July

Contractor bags highest value of new work and tops rolling 12 months ranking
4 hours ago

Hinkley Point C giant water intakes craned onto seabed

Video: contractors complete one of the world’s most complex marine engineering projects
3 hours ago

Taziker revenue jumps 30% to record £73m

Multi-disciplinary engineering specialist boosts headcount to 366 staff
3 hours ago

Consultant buys scaffolding contractor

RSK Group makes MG Scaffolding its latest acquisition
3 hours ago

M&E specialist gears up for £16m Aston Martin package

Major package award on McLaren Silverstone site
3 hours ago

Plans in for Brentford 110-flat canalside scheme

Makers’ Yard mixed commercial and residential use scheme
3 hours ago

WSP to buy consultant RPS Group for £591m

5,000 staff at Oxfordshire based firm to join WSP
1 day ago

Countryside puts offsite factory up for sale

Offers invited for Bardon plant which is less than a year old
1 day ago

M&E specialist Spie UK arm returns to profit

French parent group launches a strategic review of UK operations after performance stabilises
1 day ago

Site boss fined for locking out safety inspectors

Police called to enter site before fire fighters rescue workers stranded on roof
1 day ago

Rebid starts for £200m M5 junction job

Cost inflation forces retender for £200m junction 10 rebuild near Cheltenham
1 day ago

New Downing Construction boss named

Andy Thomas takes top job as Ian Orton steps back after 24 years
1 day ago

Plans in for 600 homes at London Aylesbury estate

Notting Hill Genesis aims to start work next year on phase 2 of Southwark estate rebuild
1 day ago

Tide gets green light for UK’s tallest modular tower

Volumetric specialist to build 48-storey student skyscraper at Canary Wharf
3 days ago

TopHat cuts losses and aims for profit in three years

Modular specialist investing for future as latest results show £19.4m loss
2 days ago

Story Contracting names next chief executive

Andy Joy to be promoted to CEO as Jason Butterwork becomes vice chairman
2 days ago

Stalled £100m North London build-to-rent tower to start

Essential Living commits to start Swiss Cottage scheme six years after planning OK'd
2 days ago

Bidding starts for Pagabo £1bn medium works deal

Extra small project lot added in framework renewal
2 days ago

Vital funding deal for £50m A38 Midlands upgrade

Work could start early next year on A38 BREP now out to tender
2 days ago

Graham wins £16m National Railway Museum job

Firm seals pre-construction deal as new museum Central Hall gets planning green light
2 days ago

Demolition starts on half-built £48m Taylor Wimpey flats

Furious local residents blast house builder over "unbearable" noise
5 days ago

Civils contractor fined £600k after boy dies in drainage pipe

Workers find seven-year-old who suffocated on housing site
6 days ago

Plan for trio of towers at old Yorkshire Post site

Galliford Try advises on construction plan for Leeds student and build to rent towers
5 days ago

Insolvency to rival inflation as project cost threat

Inflationary pressures likely to peak this year before easing in 2023, but supply chain stress is growing.
5 days ago

B+K starts £300m Sheffield West Bar scheme

Funding deal triggers start on major mixed-use scheme
5 days ago

Willmott Dixon bags £44m Passivhaus leisure centre

Private builder prepares to start Staines-upon-Thames complex
5 days ago

Go-ahead for £160m Cambridge mixed-use scheme

Devonshire Gardens will consist of 70 private rental flats and 120,000 sq ft of offices
5 days ago

Construction buyers report first drop in output for 18 months

Civil engineering worst performing sector
6 days ago

Construction and infra margins hit 3.2% at Morgan Sindall

Contractor picking deals carefully as inflation continues to bite
6 days ago

Morrisroe Group revenue tops £200m

Pre-tax profit halves to £2.7m as cost inflation bites
6 days ago

Contractor services