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Baskar Sundaram
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Issue #59

Friday, 24th June, 2022

This Week Tender Alerts

The growth story on the FM outsourcing continued last week with the buyers staying upbeat and issuing bid invitations for contracts worth £400 Million. There were more than 25 Tender notices released during the week. Service Contracts led the charge with 13 contracts followed by Works projects and product supplies.  Among the market categories Higher education were the top buyers with ten tender notices being published during the week. Please find below top tender alerts for this week.  

UK FM Market - Top Service Providers

The UK FM market has a huge potential worldwide as it ensures state-of-the-art operational functionality that binds people, processes, places, and technology together across the residential and commercial environment. According to Fortune Business Insights, the global market of facility management is expected to reach USD 1.62 trillion by 2027 while exhibiting a CAGR of 4.05 between 2020 and 2027. Here’s our look at the top twenty FM providers in the UK market for the year 2021 with our data backed insights.

Contract Awards for June 1st Fortnight

The FM outsourcing has stayed quite buoyant in the month of June for the first fortnight with both public & private sectors contributing to the business deals exchanged. Public Sector buyers awarded 33 Contracts worth more than £200 Million while the Private sector offered Fourteen contracts worth more than £125 Million. The awards were in line with the recent trends which have kept the outsourcing industry busy with business deal with an average of three contracts being awarded each day during the last two weeks.
 
The Education sector comprising Schools, Colleges and Universities commanded a lion’s share with 15 contracts being awarded during this period. Among the largest deals London Borough of Tower Hamlets awarded a £160 Million contract to Mears Group Plc for Responsive maintenance and property works. Among other notables was a £5 Million Contract awarded to Robertson Construction Group Limited by Leeds College of Art to build a café for a one year term. Among the private sector buyers Shire offered a £30 Million Contract for Integrated facilities management including Catering, Cleaning, Waste Management, building maintenance etc. Among other notable deals in the private sector was a £7 Million contract being offered by NEC Group for soft services including Security, Cleaning & waste management.
 
Among the services Catering contracts took the lead followed by Maintenance Service contracts.
 
Among the type of Contracts, Works surpassed services during the first fortnight of June with product supplies also marking their presence with a couple of contracts.
 

UK Facilities Management Market Analysis : Growth Opportunities 2023-2025

Few more hours to go before the webinar starts!!! Joins us at 3pm today and get to know 1200+ Public and Private Sector Renewals expiring in the next 3 years.
   
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Industry News

NHS Property Services publishes Green Plan Read More

 
Lord Bichard’s RICS Review: Results Published Read More
 
Pride Month 2022: The value of workplace Read More
 
Deadline for PFM Awards Team Member nominations approaches Read More
 
EMCOR UK Signs Armed Forces Covenant Read More
    

Rain Insider

Baachu advises governments, public administrations and companies related to the public sector who want to modernise their services and systems. We connect and support founders, buyer decision-makers and industry to jointly identify and shape the best possible future for the public sector

Our memberships starting from as little as £99/month is the most disruptive and trusted data driven ecosystem in UK. With no Industry Body in the UK, Break away from the pack, utilize market insights and shape the Future of FM Market! Be the first to know new roles within leading FM companies.

As a Rain Insider, you can have access to all the upcoming members only webinars (12 in total) below, State of the UK Market Report, Community Forum. 100+ learning resources  and much more.
     
2022 Cleaning Services Breakdown – 7th July, 2022, 3pm

2022 Central Government, Local government & NHS Market Breakdown – 25th August, 2022, 3pm
     
2022 Security Services Breakdown – 1st September, 2022, 3pm

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