Square Mile job puts Mace on top in November

Mace-2.jpg

Jobs in the Square Mile were key to the fortunes of two firms in November’s league tables.

Mace jumped to the top of November’s league table with two jobs – a £200m contract for 65 Gresham Street in the City of London and a £400,000 job at Heathrow airport.

The Gresham Street job is just the latest high-profile project for the firm in London; another is the £230m London Bridge project for student accommodation which is now underway.

There were seven new entrants to the top 10 this month, including Mace and VolkerWessels, which came a close second with £193.7m.

Graham came third with £133m from two jobs, including the £100m first slice of Cardiff’s long-awaited Crossrail scheme. Graham’s other contract was for an assisted living complex in Kent.

Wates, TanRo and McAleer & Rushe were the only other contractors hitting £100m or more in November.

In fourth spot was Wates with deals worth £126.8m, TanRo achieved £108.8m to take fifth place, and McAleer & Rushe came sixth after landing the other major job in the City of London – a 670-room student accommodation project worth £100m.

Seventh was Royal Bam at £95.6m and Morgan Sindall scooped eighth with £94.5m.

In ninth came John Paul with £88.2m and tenth position was claimed by Pellikaan thanks to deals worth £79.5m.

October’s winner Multiplex was outside the top 50 in November, while last month’s runner up Morgan Sindall dropped to eighth.

Galliford Try won the most jobs of any contractor listed – 16 contracts worth a combined £76.3m, leaving it just outside the top 10 on value.

No other firm making the top 50 secured more than eight deals in November.

Top 10 contractors – November 2024
ContractorNoTotal (£m)
Mace2200.4
VolkerWessels2193.7
Graham2133.0
Wates2126.8
TanRo3108.8
McAleer & Rushe1100.0
Royal Bam595.6
Morgan Sindall594.5
John Paul188.2
Pellikaan179.5

Morgan Sindall continued its run at the top of the rolling annual league table, with a new total of 281 deals worth £2.73bn.

Winvic remained in second place with 39 jobs worth £2.23bn, Multiplex climbed to third place with five contracts worth a total of £1.68bn, and Galliford Try came fourth with 146 deals worth £1.64bn.

Top 10 contractors – Dec 2023-Nov 2024
ContractorNoTotal (£m)
Morgan Sindall2812,735.2
Winvic392,234.2
Multiplex Construction Europe51,680.0
Galliford Try1461,635.8
Laing O’Rourke81,417.7
Bouygues UK381,315.2
Royal BAM441,313.3
Balfour Beatty681,295.3
Murphy111,234.9
Kier931,165.0

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Greg Pitcher

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