The monthly total of 拢5.25bn for June did not reach the values of January and February of this year, but it did mark a 拢1bn increase on last month, said Builders鈥� Conference chief executive Neil Edwards. 鈥淔urthermore, looking back at the first two quarters of 2019, the cumulative total is 拢41.38bn, close on double the 拢27.95bn achieved in the same period last year when the industry was patting itself on the back for its unprecedented levels of stability.鈥�
However, only eight of the companies in BCLive league table lodged new contract awards of more than 拢100m during the month; once again housing dominated.
In total, 416 companies were recorded as winning new contracts during June 2019; with 656 new construction orders detailed on BCLive. Morgan Sindall had the largest number of new construction orders in the month, with 16.
Edwards added: 鈥淚f the storm clouds are gathering, then they are currently barely visible on the horizon and may not reach the sector until end of October when Brexit might spark a change in the weather.鈥�
He said that there remains a question as to whether a contract for the work at Olympia has been awarded to Laing O鈥橰ourke or whether it has merely been named as preferred bidder. Either way, it seems highly likely that the company has won the massive project, which is thought to comprise offices, a theatre, retail and restaurants, a hotel and car parking as well as conference facilities.
In second place - a long way behind Laing O鈥橰ourke - is Telford Homes, which was awarded a 拢276.4m new-build project for 894 build-to-rent homes at Nine Elms Park.聽聽 The new development will be close to the new US Embassy and within walking distance of two stations on the extended Northern Line.
Taking third spot this month is Barratt Homes, which collected six new contract awards worth a combined 拢178.8m. The largest of these is a 拢54m new-build comprising apartments, townhouses and commercial space at Millbrook Park in Mill Hill, London.聽聽
In fourth place 鈥� again courtesy of a single contract 鈥� is Mace, which won a 拢100m project to extend and refurbish the Finsbury Tower as part of the Hylo Project for client CIT Group Partners.
Galliford Try 鈥� last month鈥檚 winner - claimed the number five position, picking up nine new projects worth a combined 拢111.5m. The largest is a 拢45m project to build retail units behind an existing fa莽ade at 1 Great Cumberland Place for client Portman Estate.
London reclaimed its position at the top of the regional list with 133 new contract awards totalling more than 拢2.2bn. It was followed by the North West (拢419m), the West Midlands (拢305m) and Scotland (拢275m).
Again, housing dominated the breakdown of sectors, thanks to contracts worth 拢2.08bn. Laing O'Rourke's massive deal counts as 'miscellaneous' at present 鈥� putting the sector in second place with a total of almost 拢1.29bn - as the precise mix is not known. Roads and rail and only managed 拢141m and 拢25m, respectively in May.
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