The UK facilities Management comprises of a wide range of players that offer services across various sectors and the key players offer services utilizing their size & scale. So, the average contract value and duration is varied based on the sector, service provided and the type of sector. Overall, FM providers have secured various contracts with an average total contract value TCV of ~£10.9Mn and an average contract duration of 3.9 years.
Share this post
Are you an analyst researching about an FM company – A typical UK FM Market Question ?
As global concerned about the COVID-19 outbreak and still dealing with it, we’re doing our best to keep everyone healthy and safe in the workplace while also minimizing the disruptions to our day-to-day operations. Still, dealing with the challenges of it. As workplaces prepared to reopen there was requirements make the buildings covid-19 safe, with demand for screens, hand cleansing stations etc.
Key challenges are that Cleaning services are highly impacted as FM companies have started building capabilities to avoid infection at client sites. Not only this, There is a decline in profits for FM players .
The Cleaning Services spends circa ~£21.3 Bn in terms of Total Contract Value (TCV), accounting for 18.3% of the total UK FM Market.
To have more knowledge on the UK FM Market covering Key trends, Top players, Market breakdown, Market drivers, Challenges, Growth forecasts and Covid -19 impact.
Subscribe to Rain Plus Membership and get access to our 50+ thought leadership articles, 10+ reports, round tables & insight sessions.
P.S. Join 2000 of your peers. Subscribe to the Baachu FM Insider
Every Friday evening we'll send you a roundup of the best content and events from Baachu. Make sure you're ready for the week! Subscribe now.