SCOTLAND’S Construction Pipeline Forecast Tool has experienced a massive rise in business registrations as the resource celebrates its first anniversary.
Launched in July last year to provide the construction industry with greater clarity and understanding of future public sector projects across Scotland, registrations have jumped by over 30% to 800 since the pipeline’s last update in January.
The forecast tool has now had its half-yearly refresh, with new figures showing over 1,660 individual projects detailed; construction pipeline valued at over £11.6 billion, and 48 public bodies registered.
Managed by the Scottish Futures Trust (SFT), the Construction Pipeline Forecast Tool was one of the actions to emerge from the Scottish Construction Leadership Forum’s Recovery Plan, and was also a recommendation from the Infrastructure Commission for Scotland in its reports to Scottish Government.
The database provides a longer-term view on planned investment up to 2028, with the majority of the forecast spend occurring before 2025. User can examine the data using various criteria that includes the chosen procurement route, the procuring authority, contract value and sector. The types of construction projects include new build, refurbishments, and maintenance across sectors including roads, health, education, housing and cultural and heritage.
Of the 1,666 projects, over 50% are below £2 million in value, emphasising the opportunities for SMEs.
Peter Reekie, chief executive of the SFT, said, “The registration figure speaks for itself with more and more businesses seeing the real benefits of having free access to knowledge on a future pipeline of work, covering the whole of Scotland. There are over 1,660 projects with many more business opportunities and by accessing the site, companies working across the whole of the construction sector can quickly and easily see planned projects, either near to them or in the sectors they specialise in.
“The pipeline is proving to be a vital planning tool for many SMEs, giving them greater insight into future workload where they can increase and or maintain, their investment levels in skills and future training needs.”
Jane Thompson, head of Glasgow City Region Programme Management Office, added, “Glasgow City Region welcomes the work which has been undertaken to develop and maintain the Construction Pipeline Forecast Tool. This has proven to be a hugely valuable asset to the public and private sector partners across the City Region.
“We have showcased the Pipeline Forecast Tool in our annual summit with the private sector utility providers and are keen to expand the scope of the data to include wider construction work by utilities’ partners.”
Dr Doug Forbes, from Dundee-based Whole Life Consultants Ltd, commented, “The Construction Pipeline will be of huge assistance in understanding anticipated future levels of construction activity across Scotland. In turn, that will help with skills forecasting and workforce planning.”