Contracts worth 拢280m saw firm take the lead in December, when overall work dropped in value
Wates topped the league table of top 10 contractors last month according to data from Barbour ABI.
The firm, recently in the headlines thanks to the CBE awarded in the Queen鈥檚 New Year Honours to deputy chairman James Wates, achieved the number one position in the league table of top performers thanks to 18 contracts worth a combined 拢280m.
These included a 拢69m housing PFI scheme for Kirklees council, a 拢30m contract to build the new Dixons Allerton Academy in Bradford and a 拢19m scheme to redevelop London鈥檚 Royal Chelsea Hospital.
Second place in the league table went to Kier, ahead of Bam Nuttall in third place and Vinci Construction in fourth. Kier won 拢230m worth of work in total through 52 contracts. Balfour Beatty, however, which was ranked number one in the league table last October fell further from eighth place in November to be placed outside the top 10 in December at position 20.
Overall work for the top 10 contractors dropped in value from 拢1.37bn in November to 拢1.2bn last month - a figure still well ahead of the 拢805m achieved by the top 10 in October and 拢915m in September.
Meanwhile, the value of contracts awarded in December according to the Construction Products Association and Barbour ABI index rose 6% to 122 from 115 in November.
The index, adjusted for inflation, measures the value of contracts under 拢250m awarded in the construction sector and works from a benchmark of 100 points in January 2010.
However, the index for all projects including those of above 拢250m remained at November鈥檚 low point of 84 points - a possible indicator of the financial sector鈥檚 reluctance to invest in the largest schemes in the current economic climate.
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