Regional pockets of growth in Public Sector construction
According to the latest figures from public sector tender alerts service, Tenders Direct, Yorkshire, East Midlands and South West have seen the highest growth in new public sector construction projects in last three years compared to the rest of the UK.
Construction projects behind the rise
There was a considerable rise in tenders available to private construction firms in Yorkshire, East Midlands and the South West. Yorkshire showed the greatest level of growth with a 42 per cent rise in public sector tenders in the construction sector, with East Midlands and the South West rising by 19 and 16 per cent respectively.
Continued investment in the Northern Powerhouse in Yorkshire, High Speed 2 in East Midlands and a new campus for Northampton University in the South West are likely to be key drivers for the increase seen in these areas.
The significant rise in public sector construction tenders in Yorkshire, East Midlands and the South West underlines that confidence is returning to the construction sector.Penny Godfrey, General Manager at Millstream, which delivers Tenders Direct
Public sector opportunities
Penny Godfrey, General Manager at Millstream, which delivers Tenders Direct, said: “The significant rise in public sector construction tenders in Yorkshire, East Midlands and the South West underlines that confidence is returning to the construction sector albeit in specific areas. It shows how important the public sector is as a target for the construction sector. There are clearly opportunities even if the wider construction environment is still in recovery mode after the hard years of the recession.”
Users of the Tenders Direct service benefit from having access to these tenders as soon as they are live. Suppliers can search by keyword or category to find specific contracts which is a huge advantage when big projects are being tendered for.
Client case study
Leeds-based Sweco, Europe’s leading engineering, environment and design consultancy, has worked on a number of major infrastructure projects across the UK, including the upgrading of the A1M and Saltend Wastewater Treatment Works in Yorkshire.
Sweco use Tenders Direct to source their business opportunities. Max Joy, Managing Director of Sweco UK said: “Public sector construction contracts have played a key role in the strength of our UK business. The government’s recent announcement of additional investment in infrastructure looks set to increase the number of opportunities in the region.
“We are continuing to see high demand for our services and expertise, and look forward to delivering more projects that will contribute to infrastructure development and growth across Yorkshire and the UK.
- 30 May 2017