During the whole of 2016, 拢43.55bn of construction contracts were signed, according to data collected by The Builders鈥� Conference. This is 23% down on the 拢56.59bn of contracts that were signed in 2015.
At the same time, the number of contracts awarded during 2016 was down by 8.5%.
The decline was particularly marked at the back end of the year, with just 拢2.63bn of new business signed in December, making it the slowest month of the year for signatures.
Coming out on top of The Builders鈥� Conference BCLive contracts league table for 2016 was Laing O鈥橰ourke, which 鈥� although 鈥� booked 拢1,598m of new work in the UK during 2016.
Galliford Try was close behind in second place with 拢1,544m.
A total of eight contractors signed more than 拢1bn worth of new work during the year, as the table below shows.
BCLive contracts league table Top 20 for 2016
Source: The Builders' Conference
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