Day 22- UK FM Landscape- Mechanical and Electrical Sector Market Insight.
Mechanical & Electrical systems that are installed and maintained by a Facilities Management company comes under M&E Service. Mechanical Systems can include elements of infrastructure, plant and machinery, tool and components and heating and ventilation.
Electrical systems might include, power supply and distribution, telecommunications, computing instrumentation and control systems.
The M&E Services spends circa ~£16.3 Bn in terms of Total Contract Value (TCV), accounting for 13.9% of the total UK FM Market.
To know the Key providers, Key customers and their Competitive landscape. ,click here- https://lnkd.in/gnthZZm
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The £1 million Public Interest Test: mapping £1.75 billion of central government FM exposure
PPN 024 introduces the Public Interest Test and Insourcing Strategy. From April 2027, central government bodies must apply the Test before re-procurements over £1 million go to market. Here is the contract-level mapping of £1.75bn of central government FM exposure.