What Facilities Management Contracts (Public & Private) will be out for tender in Q3 2022, Q4 2022 and 2023?

The FM Outsourcing has started picking pace since the beginning of this year. We at Baachu, keep a close tab on the new business opportunities in the FM Industry and share them with our industry colleagues who are constantly on the lookout for new prospects. During the first quarter of this year itself, notices for contracts worth billions have already been published which is a clear Indicator of an uptick in the FM outsourcing in the coming months.

Are you on the lookout for new contracts to grow your business organically?

An objective forecast from our database suggests contracts with an annual contract value in excess of £5 billion will come up for renewals in the coming three to four years from public & private sector buyers for all services and across market categories.

Which projects, services or works will be out for grabs in the next few Quarters?

Through our incisive analytical approach backed by data, we will quantify the specifics on which services hold how much promise and help you on the approach to cover the last mile.

Will the FM market expand as outsourcing gains further traction in the UK?

We will discuss the latest trends on growing size of FM outsourcing as the organizations focus on their core businesses in times of falling margins and frenzied competitive environment.

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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.

For details, Read the free  Summary report. 

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