UK Construction Industry

It was stated that there was an unexpected revival in the construction sector in the UK in September. In the UK, the Purchasing Managers Index of the construction industry rose from 57.3 to 59.9 in September. It was stated that there was an unexpected revival in the construction sector in the UK in September.

According to the data released by Markıt/CIPS, the UK’s construction sector Purchasing Managers Index rose from 57.3 points to 59.9 points in September. The expectation in the markets was that the index would rise to 57.5 points. Thus, the index has seen its highest level since February.

In Markıt’s assessment on the subject, it was noted that more jobs were reported in the construction sector, the number of employees increased and there was strong optimism for the future.

Public-private partnerships (PPP) have an important place in the UK construction industry. It is a preferred option especially in public investments in the fields of education, housing, infrastructure, and health. Although Public Finance Initiative (PFI) is the main method used in public-private partnership projects in the UK, in November 2011, the Government PFI model was reviewed and a new approach was introduced that would provide a better balance of risks between the public and private sectors and bring less cost to the public sector. started looking for a model. PFI projects are designed, built, financed, and operated by the private sector throughout the life of the project (design, build or refurbish, finance, and operate – DBFO) in accordance with the qualifications set by the public sector. At the end of the project, ownership/ownership transfers to the public or private sector in accordance with the articles of the main contract. PFI projects in the procurement process are available on the British Treasury’s website at http://www.hmtreasury.gov.uk/ppp_pfi_stats.htm. 7 The UK, as an EU member state, is subject to the EU’s general practices regarding procurement. In this context, the works that are tendered in line with the EU legislation are published on the EU’s tender pages.

Despite the contraction in the construction sector, there are around £100 billion of jobs/projects in the UK each year, with growth in private housing, rail, and energy. In addition, many of the railway-related projects are the regeneration of railway and metro stations and include opportunities for contractors working in retail space construction. Among the important transportation projects still in progress are Crossrail (www.crossrail.co.uk), the high-speed train (www.hs2.org.uk), which will be built between London and Birmingham in the first stage and defined by the project name HS2, Birmingham Highway Project ( www.highways.gov.uk/roads/road-projects/m6-birmingham-box-phase-3-managed-motorways), and the train connecting the cities of Liverpool, Manchester, Sheffield, Leeds and Newcastle, which will be instrumental in the economic development of Northern England There is the Northern Hub project (www.northernhub.co.uk), which will provide faster and more frequent transportation by renewing the lines.

Infrastructure projects that can be considered important are the 25 km long stretch of the Thames Tideway Tunnel in London. long sewerage construction, and the Forth Replacement Crossing, by renovating the Forth Bridge connecting Edinburgh and Fife (northeast and southeast of Scotland). In the energy field, the project of the London Array (www.londonarray.com), the world’s largest onshore wind farm project, is ongoing, and the Hinkley Point project, as the first nuclear power plant approved in the UK since 1995, is in the planning phase. The construction of the Broken Cross Wind Farm is in the planning and tender stages. On the other hand, resources that can be accessed for projects that are in the planning and tender stage in the UK for free and for a small fee: Building magazine www.building.co.uk, Barbour ABI (www.barbour-abi.com), Construction Index (www.theconstructionindex.co). .uk), Construction Enquirer (www.constructionenquirer.com), Building Leads (www.buildingleads.co.uk), Glenigan (www.glenigan.com) and Construction News www.cnplus.co.uk.