| 1. |
INTRODUCTION |
5 |
| 2. |
SUMMARY AND FUTURE PROSPECTS |
6 |
| 2.1 | EXECUTIVE SUMMARY |
6 |
| 2.2 | FUTURE PROSPECTS |
8 |
| 3. |
ECONOMIC ENVIRONMENT |
11 |
| 3.1 | GDP |
11 |
| 3.2 | INFLATION & INTEREST RATES |
12 |
| 3.3 | UNEMPLOYMENT |
13 |
| 3.4 | PUBLIC SECTOR EXPENDITURE |
13 |
| 3.5 | BUSINESS CONFIDENCE |
15 |
| 3.6 | STERLING |
16 |
| 3.7 | CONCLUSIONS |
17 |
| 4. |
FACILITIES MANAGEMENT OUTSOURCING MARKET |
18 |
| 4.1 | DEFINITION |
18 |
| 4.2 | MARKET SIZE AND TRENDS |
19 |
| 4.3 | LEGISLATION |
23 |
| 4.4 | MARKET MIX BY END USE SECTOR |
25 |
| 5. |
FM IN THE HEALTH & EDUCATION SECTORS |
27 |
| 5.1 | OVERVIEW, MARKET SIZE AND TRENDS |
27 |
| 5.2 | MARKET MIX |
30 |
| 5.3 | KEY MARKET INFLUENCES |
32 |
| 5.3.1 | Healthcare and Education Construction Output |
32 |
| 5.3.2 | Public Private Partnerships |
34 |
| 6. |
FM IN THE HEALTH SECTOR |
38 |
| 6.1 | OVERVIEW, MARKET SIZE AND TRENDS |
38 |
| 6.2 | PPP/PFI |
40 |
| 6.3 | LOCAL IMPROVEMENT FINANCE TRUST (LIFT) PROGRAMME |
47 |
| 6.4 | PROCURE 21 |
51 |
| 7. |
FM IN THE EDUCATION SECTOR |
55 |
| 7.1 | OVERVIEW, MARKET SIZE AND TRENDS |
55 |
| 7.2 | PPP/PFI |
57 |
| 7.3 | BUILDING SCHOOLS FOR THE FUTURE |
63 |
| 7.4 | ACADEMIES PROGRAMME |
67 |
| 7.5 | HIGHER EDUCATION |
68 |
| 8. |
CONTRACTORS REVIEW |
71 |
| 8.1 | ORIGINS AND SUPPLY STRUCTURE |
71 |
| 8.2 | CONSORTIA/SPV’S |
73 |
| 8.3 | KEY TRENDS |
73 |
| 8.4 | MARKET SHARES |
76 |
| 8.5 | COMPANY PROFILES |
77 |
| 8.5.1 | Leading FM Contractors |
77 |
| 8.5.2 | Other Large Companies in the FM Market |
86 |
| TABLES AND CHARTS |
| CHART 1 | UK BUNDLED FM OUTSOURCING MARKET WITHIN THE HEALTHCARE AND EDUCATION SECTORS AT CURRENT PRICES 2003 – 2013 |
6 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1992-2013 |
12 |
| TABLE 3 | TOTAL PUBLIC SECTOR CAPITAL BUDGET - DEPARTMENTAL EXPENDITURE LIMITS OUTTURNS AND PLANS (£BILLION) |
14 |
| CHART 4 | BUSINESS CONFIDENCE – SERVICE & MANUFACTURING SECTORS 1992-2008 |
15 |
| TABLE 5 | EXCHANGE RATE FLUCTUATIONS 2002-2008 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| CHART 6 | UK BUNDLED FM OUTSOURCING MARKET AT CURRENT PRICES 2003 – 2013 |
20 |
| CHART 7 | UK FM SERVICES MARKET SHARE BY VALUE - 2008 |
26 |
| TABLE 8 | UK EDUCATION AND HEALTHCARE FM OUTSOURCING MARKET 2003-2013 (CURRENT PRICES) |
28 |
| TABLE 9 | DEPARTMENTAL EXPENDITURE LIMITS FOR THE HEALTH AND EDUCATION RESOURCE BUDGETS £BILLION |
30 |
| CHART 10 | MIX OF FM MARKET BY VALUE BETWEEN THE HEALTH AND EDUCATION SECTORS – 2008 |
30 |
| CHART 11 | FM OUTSOURCING LEVELS IN THE HEALTH AND EDUCATION SECTORS BY VALUE – 2008 |
31 |
| TABLE 12 | CONSTRUCTION NEW WORK OUTPUT 2003 – 2013 (£M) AT CURRENT PRICES - PRIVATE & PUBLIC HEALTH AND EDUCATION SECTORS |
33 |
| TABLE 13 | SIGNED PFI PROJECTS BY GOVERNMENT DEPARTMENT 2003-2008 - CAPITAL VALUES £M |
35 |
| TABLE 14 | PROJECTED SERVICE PAYMENTS UNDER HEALTHCARE & EDUCATION PFI CONTRACTS - 2007/2008 TO 2014/2015 |
36 |
| TABLE 15 | UK HEALTHCARE MARKET FOR FM OUTSOURCING 2003-2013 (CURRENT PRICES) |
38 |
| TABLE 16 | NHS PFI PROJECTS WITH CAPITAL VALUES £20M+. SIGNED & PREFERRED BIDDER STATUS AS OF JANUARY 2009 |
41 |
| TABLE 17 | NHS PRIORITISED PFI HOSPITAL SCHEMES IN ENGLAND - STATUS AS OF NOVEMBER 2008 |
46 |
| TABLE 18 | NHS LIFT PROJECTS – SIGNED & PREFERRED BIDDER STATUS AS OF JANUARY 2009 |
48 |
| TABLE 19 | PROCURE 21 PRINCIPAL SUPPLY CHAIN PARTNERS & FM PROVIDERS AS AT JANUARY 2009 |
52 |
| TABLE 20 | ISTC SCHEMES & PROVIDERS AS OF JANUARY 2009 |
53 |
| TABLE 21 | UK EDUCATION FM OUTSOURCING MARKET 2003-2013 (CURRENT PRICES) |
55 |
| TABLE 22 | UK – ENDORSED SCHOOLS PFI PROJECTS – SIGNED & OTHER STATUS OVER £20M, AS OF JANUARY 2009 |
58 |
| TABLE 23 | BUILDING SCHOOLS FOR THE FUTURE PROGRESS AS OF JANUARY 2009 |
64 |
| TABLE 24 | PROJECTED NUMBER OF SCHOOL OPENINGS UNDER THE BSF PROGRAMME 2008/09 – 2011/12 |
67 |
| CHART 25 | DIUS CAPITAL EXPENDITURE LIMITS 2003/04-2010/11 £M |
69 |
| TABLE 26 | THE LEADING 20 FM SUPPORT SERVICES COMPANIES IN THE UK HEALTHCARE AND EDUCATION SECTORS |
77 |
