The past one week has been quite engaging for the FM suppliers as the contracting authorities have remained quite active with more than 110 bid invitations worth
The business activity in the FM Industry continued its steady growth during the month of June-22 picking up from where it had left during the previous month. The suppliers were kept busy as the outsourcing gained traction from among the buyers. The month saw more than 170 contracts being awarded and valued in excess of £1.2 billion.
The last seven days have seen an uptake in the number of tenders released over the previous week. The week saw more than 100 bid invitations from
The business activity in the FM Industry continued its steady growth during the month of June-22 picking up from where it had left during the previous month. The suppliers were kept busy as the outsourcing gained traction from among the buyers. The month saw more than 170 contracts being awarded and valued in excess of £1.2 billion.
The business sentiment in the FM Industry remained quite buoyant during the last week with contracting authorities inviting bids to the tune of £150 Million. The week
The business activity in the FM Industry continued its steady growth during the month of June-22 picking up from where it had left during the previous month. The suppliers were kept busy as the outsourcing gained traction from among the buyers. The month saw more than 170 contracts being awarded and valued in excess of £1.2 billion.
The last week saw FM buyers inviting bids worth more than £150 Million through 40 tender notices. The services contracts outpaced Works & Products with 28 bid invitations. Among
The last couple of weeks have seen one of the most lucrative times in the FM Industry in UK. The weeks gone by saw Contracting authorities inviting bids
The FM market stayed buoyant in the week just gone by with buyers inviting around 40 bids for contracts valued in excess of £150 Million. The month saw an
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The United Kingdom is one of the largest markets for facility management services in Europe in terms of maturity and sophistication. The market is highly competitive as well, owing to the presence of several organized players and strong presence of top global companies, such as Mitie, ISS, Sodexo, CBRE, JLL among others.
The market has been valued at USD 63.97 billion in 2020 by Mordor Intelligence. Frost & Sullivan estimates the UK FM Industry revenues to be $43 Billion. As per our database the overall FM market in the UK stands at £107.2 billion in TCV. The public sector contributes 59% while the private sector contributes 41%. Among the service types Hard & Soft FM Contributed almost equally at 36% & 35% respectively. The integrated services contributed with 29%. Local government authorities were the lead buyers in the overall stack with 19% of value contribution followed by Central Government and Office both at 14% each.
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