Contractors await price review pay-off
- From: Vol 5, Issue 12 (December 2004)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Aker Kvaerner Engineering, Alfred McAlpine, AMEC, Anglian Water, Babtie, Balfour Beatty, Barhale Construction, Biwater, Black & Veatch, Carl Bro Group, Clancy Docwra, Costain, Dwr Cymru, Earth Tech, EC Harris, Edmund Nuttall, Enterprise Managed Services, Halcrow, Hyder, J Murphy, JN Bentley, Laing O’Rourke, Meica Group, MJ Gleeson, Montgomery Watson Harza, Morrison Construction, Mott MacDonald, Mouchel Parkman, Northumbrian Water, On Site Central, Scottish Water, Severn Trent Water, Skanska, South West Water, Southern Water, Thames Water, TJ Brent, Turner and Townsend, United Utilities, WS Atkins and Yorkshire Water
The investment programme for the next review period will be largely outsourced to contractors. Who are the likely winners?
The £16.8 billion of capital expenditure that the water companies in England and Wales will incur over the next five years will give the UK construction industry an even bigger boost than it had expected.
The aggregate figure, which Ofwat approved at the beginning of December as part of its final price determinations for 2005-10, was £1.1 billion ...
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