Home News Steady recovery for construction

The latest information from Builders’ Conference shows that the number of contracts awarded in January increased, following the traditional slowdown in December.

There were 551 contracts worth a total of £6.2 billion, which was 3% higher than the monthly average of £6.0 billion in the year prior to coronavirus between April 2019 and March 2020. Almost half of all the contracts awarded by value were housing (£2.9 billion), with road projects making up 15% (£962 million) and education projects 13% (£823 million).

The number of tender opportunities fell again compared to the previous month and remains 52% below the monthly average pre‐coronavirus.

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