Day 25- UK FM Landscape- Building Maintenance Stream Market Insight.
Building Maintenance is the process of ensuring that buildings and other assets retain a good appearance and operate at optimum efficiency. It includes cleaning common areas, removing trash regularly, and repairing items that are broken and also involve inspecting, repairing, and maintaining electrical systems, heating and air conditioning systems, and other utility services.
The total Building Maintenance Services FM market in the UK is estimated at ~£3.6 Bn in terms of Total Contract Value (TCV), accounting for 3.1% of the total UK FM Market.
To know the Key providers, Key customers and their Competitive landscape. ,click here-https://bit.ly/3gn1mCm
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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.