Designer Group are delighted to be included in the UK’s Top 30 M&E Contractors Report for 2020 by GHCS. Stating that,
The M&E contracting industry is unique and diverse and maintains its status as a key component within most construction projects
the report talks about how building services has evolved over the last 10 years.
The Construction Enquirer stating that “Independent M&E contractors including Dodd Group, Michael J Lonsdale, Vital Energi, Essex Services Group, Designer Group, HE Simm and Phoenix have more than doubled their turnover in the past 13 years.”
Our UK Managing Director, Nick Baish, describes the changes he has seen in the market and how he believes it will return to a “client-led approach”.
With Designer Group rapidly growing in recent years, Nick Baish responded with:
Back in 2007 there was a drive by most contractors to secure turnover on public sector frameworks, such as the Building Schools for Future Programme and Hospital PFI/PPP contracts.
These frameworks were previously dominated by larger contractors, but they were phased out a number of years ago.
The market over the next few years will move back to a client-led approach of single-stage D&B to reflect the sentiment that it will no longer be a contractor’s market.
This could lead to more market share being taken by contractors who have more risk appetite.
Data centres, infrastructure and mid-market/PRS/affordable housing residential units are expected to lead the way in the medium-term.
For the full report: https://www.constructionenquirer.com/2020/05/05/me-firms-face-another-big-shake-up/