Information on opportunities to win future government construction contracts worth more than £109 billion has been released, with a total capital forecast spend on flood defences of nearly £5 billion.
The pipeline includes around £2.8 billion planned expenditure in flood defence from 2013 up until 2020 with a further nearly £2 billion planned beyond 2020.
It also lists the many major flood defence projects costing over £50 million which will get underway in the next few years.
Meanwhile, £55 million is being spent by the Coal Authority until 2020 on flood risk management schemes and mine water treatment schemes.
The Government Construction Pipeline is reviewed every 6 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 to 2016 to include further programmes and projects up to 2020 and beyond.
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.
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.
It also includes more than £3.3 billion of new funding to build 165,000 affordable new homes in England over the next 3 years, while annual investment in major road schemes will be trebled 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 to 2021.
Cabinet Office Minister 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 more than £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.”
Find the construction pipeline here
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