CHESTER, England, August 19, 2013 /PRNewswire/ --
Updated information published on proposed construction projects through to 2020 and beyond
Barbour ABI has today published details of £109bn of government construction contracts on behalf of the Government. It includes planned projects and programmes up to 2020 and beyond. Barbour ABI has collected, collated and published the data, which is available on a new website http://www.uk-cip.org.uk.
Information on opportunities to win future government construction contracts worth over £109 billion will help suppliers to plan ahead, invest in and grow their businesses, Cabinet Office Minister Chloë Smith said today.
Industry can use the forward-looking information - published on a new online portal available today - to plan for the future based on what government proposes to build, construct or renovate in the coming years.
The Government Construction Pipeline is reviewed every six months to ensure new opportunities are reflected and more details are provided as they emerge. It has now been updated following the Spending Round for 2015/16 to include further programmes and projects up to 2020 and beyond.
This version of the pipeline contains the largest amount of proposed construction projects ever published and includes opportunities related to investment in infrastructure across government as set out in Investing in Britain's Future:
- Over £3.3 billion of new funding to build 165,000 affordable new homes in England over the next three years;
- £370 million in 2015/16 for the long-term funding settlement for flood defences, alongside further funding commitments to deliver improved protection to at least 300,000 homes;
- Over £40 billion commitment to build High Speed 2 (HS2); and
- Trebling annual investment in major road schemes by 2020/21 compared to today's levels - the biggest programme of investment in roads since the 1970s. For example, local authorities have been allocated nearly £6 billion to help repair the local road network and Highways Agency has allocated over £4 billion to resurface the vast majority of the national network by 2020/21.
Chloë Smith said:
"We know that being transparent about opportunities available in the public sector is exactly what suppliers need to start looking at their business, investing and boosting their capabilities.
"Regularly updating this information and providing construction suppliers with much earlier visibility of future opportunities within government gives UK business the knowledge they need to plan, get ahead of the game and grow. With over £109 billion worth of future public construction contracts now up for grabs from now to 2020 and beyond, we are reinforcing our long-term commitment to rebalance the economy and help Britain get ahead in the global race."
The new interactive portal to help suppliers access the Construction Pipeline data in a simple and accessible format can be accessed directly from http://www.uk-cip.org.uk. Hosted by HM Government's private sector partner Barbour ABI, the portal features a timeline and map view of government construction projects.
Notes to editors
- The Government Construction Pipeline can be found at: http://www.UK-CIP.org.uk. This is Phase 1 of a portal development programme with further advancements in functionality to be added for future publications. The data will be available in Excel format from http://www.gov.uk and http://www.data.gov.uk.
- Government's commitment to provide over £3.3 billion of new funding for affordable housing between 2015-16 and 2017-18, will see 165,000 new affordable homes built in England.
- Detailed public and private sector infrastructure investment is available in the infrastructure investment pipeline. The pipeline is currently being refreshed and will be made available in spreadsheet form on Data.Gov. An updated National Infrastructure Plan will be published at the time of the Autumn Statement and will include a more comprehensive update of the pipeline. The infrastructure pipeline can be found at: https://www.gov.uk/government/publications/infrastructure-investment-pipeline.
- Investing in Britain's Future (June 2013) can be found at: https://www.gov.uk/government/news/government-prioritises-long-term-investment-in-infrastructure-spending.
- For details for national roads projects completed, under construction or due to start this Parliament, please see Tables A.1 and A.2 of Investing in Britain's Future.
- Department for Education has detailed £6.6 billion of spend on three major programmes: BSF Continuation Projects; Priority School Building Programme; and Basic need, Maintenance and Devolved Formula Capital funding to local authorities and schools and colleges direct.
- Government also publishes sector pipelines with potential procurement opportunities up until 2018/19, currently worth £60bn across 17 sectors including ICT, professional services and energy consumption (last update May 2013) and can be found at: https://online.contractsfinder.businesslink.gov.uk/. Together with the National Infrastructure Pipeline, the Construction Pipeline should not be seen as an absolute commitment for projects to proceed but used as a strategic planning tool.
About Barbour ABI:
Barbour ABI is a leading provider of construction intelligence services. With a team of in-house research specialists and a dedicated lead economist, it provides commercially relevant insight and unique analysis of trends and developments within the building and construction industry.
Barbour ABI is the chosen provider of industry data and indicators for Government bodies including the Office of National Statistics and the UK Government's Construction and Infrastructure Pipeline, which outlines future construction and infrastructure projects where public funding is agreed. Barbour ABI also provides data for independent organisations, such as the Construction Products Association.
Barbour ABI is part of global events-led marketing services and communications company, UBM, and is headquartered in Cheshire Oaks, Cheshire.
For more information, please visit http://www.barbour-abi.com
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For more information, go to http://www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM corporate news.
For Cabinet Office Press Office contact:
Cabinet Office Press Office
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http://www.gov.uk/cabinet-office Out of hours telephone +44(0)7699-113300 and ask for pager number 721338
SOURCE Barbour ABI