New contract awards collated by the Builders' Conference for its BCLive contracts league reached 拢5.84bn in September 2018, well above the usual monthly benchmark threshold of 拢4bn.
The result supports evidence of the latest monthly survey of construction purchasing managers, which found that although output growth slowed in September, new orders accelerated. [See our separate report here.]
September's total was the highest since August 2017, when 拢11.26bn of new contracts were awarded, but 拢7bn of that was for a single project聽鈥� HS2 鈥� making it an exceptional month.
Ringway Jacobs topped the BCLive league table in September 2018 with a single contract valued at 拢600m 鈥� a 15-year road maintenance deal with Cheshire East Council.
A pair of contracts worth a combined total of 拢375m saw Lendlease take the second spot on the table.聽聽 The largest of these is a 拢350m contract for the construction of a new 40-storey tower block at 6-8 Bishopsgate in London for Stanhope.
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