Barbour reports a 4.1% increase in construction contract awards

January 2020

According to the latest­­­ figures from Barbour ABI, the value of all construction contract awards in October 2019 was £4.9 billion based on a three-month rolling average, which is an increase of 4.1% on September, and an increase of 28.5% when compared with October 2018.

The number of contract awards increased by 22.4% in October to 864 which is also 4.0% higher than for October 2018.  Although contract awards numbers have increased in October, they remain volatile with evidence of a downward trend for overall contract awards since January 2019.  In the three-month period ending October 2019, the total value of contract awards was £14.5 billion, which is 14.0% lower than the previous quarter and 14.4% lower than for the comparable quarter ending October 2018.

The latest edition of the Economic & Construction Market Review from industry analysts Barbour ABI, highlights levels of construction contract values awarded across Great Britain.

The residential sector accounted for 28% of all contract awards, closely followed by the industrial sector with a 22% share. The total contract awards value for the residential sector was £1.7 billion which is a decrease of 9.5% on September and is 12.5% lower than for October 2018. On the other hand, industrial contract awards values have increased by 39.9% on September with a total value of £735 million.

The largest value contract award for October 2019 was the Fawley Refinery Upgrades in Southampton - valued at £800 million, substantially boosting the figures for industrial sector.
Download the full report at:

Walls and Floors Wholesale and Distribution employs new staff to strengthen support

Walls and Floors has appointed Jason West as its Wholesale and Distribution Area Sales Manager for the South Wales and...

Continue Reading

Rudridge appoints Daniel Best as Senior Sales Co-ordinator at Gravesend

Groundwork and materials supplier Rudridge has appointed Daniel Best to the position of Senior Sales Coordinator at its Gravesend branch,...

Continue Reading

Palace Chemicals strengthens its team

To help with its continued expansion, Liverpool-based Palace Chemicals is to ‘take to the road’ with the appointment of Gary...

Continue Reading