{"id":71518,"date":"2020-02-11T07:44:36","date_gmt":"2020-02-11T07:44:36","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=71518"},"modified":"2020-02-11T07:51:28","modified_gmt":"2020-02-11T07:51:28","slug":"top-50-contractors-january","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/top-50-contractors-january\/71518\/","title":{"rendered":"Top 50 contractors awarded \u00a35.5bn of contracts in January"},"content":{"rendered":"

The top 50 contractors in January were awarded \u00a35.5bn of construction contracts, as the Riverlinx Consortium took the top spot with a single award of \u00a31bn<\/h2>\n

The Riverlinx Consortium is made up of Aberdeen Standard Investments<\/a>, BAM PPP PGGM<\/a>, Cintra<\/a>, Macquarie Capital<\/a> and SK E&C<\/a>. Its project to deliver the Silvertown tunnel scheme<\/a> in London catapulted the consortium to the top of the top 50 contractors.<\/p>\n

Silvertown will be the UK\u2019s first major road tunnel to include a dedicated bus line in both directions. This hopes to improve cross-river public transport connections, with around 37 buses an hour during peak periods in each direction using the tunnel.<\/p>\n

Mace<\/a> and Skanska<\/a> came in second and third place for January 2020, with a total contract award value of \u00a3400m and \u00a3260m respectively. This month, the top three contractors have been awarded a combined four projects at a total value of \u00a31.66bn.<\/p>\n

\"Top<\/a><\/p>\n

Value of projects up 178%<\/h3>\n

The most recent edition of the Top 50 League Tables published by industry analysts Barbour ABI<\/a>, reveals the number and value of construction contracts awarded during January. January data shows that the combined value of contracts awarded to the Top 50 was \u00a35.5bn with a total of 182 projects.<\/p>\n

The overall value of all projects awarded to the top 50 contractors is up by 178% compared to December 2019<\/a> when the total value of projects was just \u00a31.98bn. The total quantity of projects also increased by 75% from December to January, suggesting that there have been both a number of high-value contract awards as well as an increase in the number of contract awards.<\/p>\n

Tom Hall, chief economist at Barbour ABI & AMA Research, said: \u201cActivity has increased in January considerably compared to the latter months of 2019. However, these figures have been boosted by several major projects.\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

The top 50 contractors in January were awarded \u00a35.5bn of construction contracts, as the Riverlinx Consortium took the top spot with a single award of \u00a31bn.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[825,24813,676,639],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-71518","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-barbour-abi","8":"tag-building-contracts","9":"tag-construction","10":"tag-procurement"},"acf":[],"yoast_head":"\nTop 50 contractors awarded \u00a35.5bn of contracts in January<\/title>\n<meta name=\"description\" content=\"The top 50 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