Information on opportunities to win future government construction contracts worth more than £109bn will help suppliers to plan ahead, invest in and grow their businesses, Cabinet Office Minister Chloë Smith said.
Industry can use the forward-looking information – published on a new online portal available today – to plan for the future based on what government proposes to build, construct or renovate in the coming years.
The Government Construction Pipeline is reviewed every six months to ensure new opportunities are reflected and more details are provided as they emerge. It has now been updated following the Spending Round for 2015 to 2016 to include further programmes and projects up to 2020 and beyond.
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This version of the pipeline contains the largest amount of proposed construction projects ever published and includes opportunities related to investment in infrastructure across government as set out in Investing in Britain's Future:
• more than £3.3bn of new funding to build 165,000 affordable new homes in England over the next three years
• £370m in 2015 to 2016 for the long-term funding settlement for flood defences, alongside further funding commitments to deliver improved protection to at least 300,000 homes
• more than £40bn commitment to build High Speed 2 (HS2)
• trebling annual investment in major road schemes by 2020/21 compared to today's levels – the biggest programme of investment in roads since the 1970s. For example, local authorities have been allocated nearly £6bn to help repair the local road network and Highways Agency has allocated over £4bn to resurface the vast majority of the national network by 2020 to 2021.
(CD/JP)
