Balfour crowned 2019 contracts league champion

Aaron Morby 5 years ago
Share

Balfour Beatty secured the biggest annual haul of contract wins last year as the group delivered a full turnaround in fortunes.

In 2018, Balfour plunged out of the top 10 as chief executive Leo Quinn focused on a self-help recovery programme.

Balfour received an end of 2019 leg up following confirmation in December of its £267m deal to complete former Carillion’s Midland Metropolitan Hospital project.

This helped the firm secure pole position in the annual contracts league with a haul of £2.1bn worth of projects in 2019, just ahead of second-placed Morgan Sindall on around £1.9bn and Mace in third position with £1.7bn.

Top 10 ranking by value of work secured
2019 2018
Balfour Beatty £2.08bn Kier £3.01bn
Morgan Sindall £1.89bn Wates £2.02bn
Mace £1.7bn Morgan Sindall £1.70bn
Kier £1.69bn Sir Robert McAlpine £1.38bn
Royal BAM £1.62bn Tarmac £1.24bn
ISG £1.52bn Willmott Dixon £1.24bn
Willmott Dixon £1.46bn Mace £1.21bn
VINCI £1.42bn Bouygues UK £1.14bn
Multiplex Europe £1.3bn Galliford Try £1.12bn
Bowmer & Kirkland £1.16bn Lendlease £1.09bn

 

The top 10 firms saw their share of total new orders secured by the 100 leading contractors stabilise at last year’s level of 40%, according to data collected by information specialist Glenigan.

Overall the total haul of work shared by these 100 firms rose 10% to £40.6bn compared with 2018.

Multiplex and Bowmer & Kirkland make the Top 10 for the first time in three years, while Wates, Tarmac and Galliford Try dropped out of the top 10.

Based on civil engineering workloads alone Balfour ranked top again followed by BAM and then VolkerWessels.

Click for full 100 contractors league

Click for full 100 clients league

Among the big contract awards in December, Multiplex secured the Elephant & Castle shopping centre redevelopment for Delancy, which Glenigan values at £1bn.

Murphy and Hochtief share the £400m phase 2 of National Grid’s London Tunnels project.

Murphy and Careys share a £235m Oxford Street redevelopment for Westminster City Council. Buckingham Group has a £100m deal for the new Nottingham Forest FC stadium.

Graham Construction was also confirmed for a £130m student accommodation project at York University.

Latest news

Go-ahead for City of London’s tallest tower

1 Undershaft building will equal the Shard in height
1 day ago

Construction T Level scrapped due to lack of demand

Courses canned after less than 100 sign-up for latest round
2 days ago

Five firms clinch £300m Greenwich Uni framework deal

McLaren, Wates, Morgan Sindall, Vinci and Willmott Dixon secure places
1 day ago

Hill Group strikes first Build to Rent deal

House builder agrees finance with Lloyds Living to start Stevenage scheme
2 days ago

Construction output hit by fall in repair and maintenance

Industrial and commercial new work grows despite wider fall in activity
1 day ago

Wates transfers pension scheme to “superfund”

Pension management specialist Clara to take charge of £210m fund
1 day ago

Muse hires new development director for North West

Tom Darby joins from developer Bruntwood
1 day ago

Bid rigging probe launched into school repair work

Firms raided this week with focus on roofing contracts
3 days ago

McLaren hires ex-ISG regional boss for north east expansion

Andrew Beaumont becomes MD of new Yorkshire and North East business
3 days ago

Government commits to four new prisons in seven years

£2.3bn pledged for new prison build programme
3 days ago

Road and rail delays hit revenue at Van Elle

Turnover drops 5% as markets remain challenging for piling specialist
2 days ago

Boot reports ‘noticeable improvement’ in planning system

Government planning reforms already unblocking council planning
2 days ago

Go-ahead to revamp former London city hall

Project will straighten the building's leaning profile with terraces to every level
3 days ago

United Living to divert Midlands gas pipeline

600m pipeline diversion clears way for M54 to M6 link road construction
2 days ago

Credit insurance saves Billington from ISG hit

Steel specialist puts on extra shifts at its plants to cope with demand
3 days ago

M&E specialist Dodd doubles profit on retrofit surge

Family-owned Telford specialist delivers record revenue of nearly £250m
3 days ago

Go-ahead for 800-home Croydon dual towers

One Lansdowne Road build to rent scheme to cost £260m to build
4 days ago

Construction inflation set to return raising tender prices

End of 2024 to mark the bottom of present inflationary trough
4 days ago

Start date for vast Balfour and Costain carbon capture power job

£4bn Teesside project to start construction next year creating 3,000 jobs
4 days ago

Plans go in to start revamp of North Finchley town centre

Developer Regal unveils first details of Barnet masterplan
4 days ago

Glencar bags £18m Big Yellow London store

Six-storey stoarage centre to be built at Staples Corner
3 days ago

Plan unveiled for 31-storey London Fenchurch Street tower

Demolition work to start in 2026 for new office tower
4 days ago

Vinci Building buys tower cranes for first time

Contractor invests in two WOLFFKRAN all-electric cranes at £138m Sheffield site
4 days ago

30 local firms land United Utilities £500m framework

Minor works deal win for North West civils and M&E specialists
5 days ago

Restructure pays off as Higgins returns to profit

Housing contractor recovers from £25.9m loss last year
5 days ago

Former Heathrow boss joins Mace in board rejig

Firm completes string NED appointments to expanded group board
5 days ago

Planning officers to get powers to bypass committee stage for housing

Rayner reform plan to cut out local council planning committees
5 days ago

National Insurance hike to delay construction recovery

Arcadis paints varied picture with full recovery delayed until 2026
5 days ago

Gratte Bros rides out cost rises with profit increase

M&E specialist warns of further upward pressure on wage costs
5 days ago

Sellar’s 36-storey London City office tower approved

Demolition work to start in 2026 at 60 Gracechurch Street site
1 week ago

Contractor services