BANCON Construction has divulged details of £40 million worth of new contracts landed.
The firm has secured around £32 million in a new framework contract with Aberdeenshire Council. A further £8 million has been secured in projects for Total E&P UK Ltd (TEPUK), Angus Council, Aberdeenshire Council and Hilton Grand Vacations.
Bancon’s construction division was awarded the four year contract from Aberdeenshire Council following a competitive tender process. The contract is part of the council’s social housing improvement programme and will involve Bancon making enhancements to several hundred homes including the installation of PV panels, fitting new kitchens, re-wiring and re-insulation.
Having completed the refurbishment of TEPUK’s building at Arnhall business park in Westhill, Bancon has now been awarded additional work to carry out upgrades on ancillary buildings at the site.
Gavin Currie, managing director of Bancon Construction said, “These contracts underline our capability to efficiently and effectively manage diverse construction projects across the public and private sectors. Bancon Construction recently reported a dramatically improved trading performance and this, along with these new contract awards, reinforce the success of our restructured approach to our construction business.
“The additional work secured with TEPUK reflects their satisfaction with the successful completion of their building which was handed over last week.”