| 1. |
INTRODUCTION |
7 |
| 2. | SUMMARY |
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 |
14 |
| 3.6 | STERLING |
15 |
| 3.7 | CONCLUSIONS |
16 |
| 4. | FACILITIES MANAGEMENT OUTSOURCING MARKET |
18 |
| 4.1 | DEFINITION |
18 |
| 4.2 | TERMS AND ABBREVIATIONS |
21 |
| 4.3 | MARKET SIZE |
22 |
| 4.4 | KEY MARKET TRENDS & INFLUENCES |
25 |
| 4.4.1 | Overview |
25 |
| 4.4.2 | Growth in Outsourcing |
26 |
| 4.4.3 | Diversification in Service Provision |
27 |
| 4.4.4 | Construction Contractors Output |
28 |
| 4.4.5 | Public Private Partnerships |
29 |
| 4.4.6 | Legislation |
32 |
| 4.5 | MARKET MIX |
33 |
| 4.5.1 | Support Services |
34 |
| 4.5.2 | Building O & M Services |
34 |
| 4.5.3 | Environmental Services |
35 |
| 4.5.4 | Property Management |
35 |
| 5. | KEY END USE SECTORS |
36 |
| 5.1 | OVERVIEW |
36 |
| 5.2 | CORPORATE SECTOR |
37 |
| 5.2.1 | Overview, Market Size and Trends |
37 |
| 5.2.2 | Market Mix |
39 |
| 5.2.3 | End Use Applications |
40 |
| 5.3 | CENTRAL GOVERNMENT |
44 |
| 5.3.1 | Overview, Market Size & Trends |
44 |
| 5.3.2 | Ministry of Defence (MoD) |
47 |
| 5.3.3 | Home Office |
51 |
| 5.3.4 | Department for Constitutional Affairs (DCA) |
55 |
| 5.3.5 | Higher Education |
57 |
| 5.3.6 | Miscellaneous Government Departments & Agencies |
58 |
| 5.4 | HEALTHCARE |
60 |
| 5.4.1 | Overall Market Trends |
60 |
| 5.4.2 | Service Mix |
63 |
| 5.5 | LOCAL AUTHORITIES |
79 |
| 5.5.1 | Market Overview, Size & Trends |
79 |
| 5.5.2 | Schools |
82 |
| 5.5.3 | Leisure & Cultural Facilities |
88 |
| 5.5.4 | Other Local Authority Markets |
92 |
| 6. | CONTRACTORS REVIEW |
95 |
| 6.1 | ORIGINS |
95 |
| 6.2 | SUPPLY STRUCTURE |
98 |
| 6.3 | KEY TRENDS |
100 |
| 6.3.1 | Emergence Of New Companies |
101 |
| 6.3.2 | Reorganisation, Restructuring, Repositioning And Rebranding. |
101 |
| 6.3.3 | Market Consolidation And Diversification Through Mergers And Acquisitions |
102 |
| 6.4 | MARKET SHARES |
103 |
| 6.5 | COMPANY PROFILES |
104 |
| 6.5.1 | Leading FM Contractors |
104 |
| 6.5.2 | Other Large Companies in the FM Market |
115 |
| 6.5.3 | Smaller and Specialist FM Contractors |
125 |
| 7. | FUTURE PROSPECTS |
129 |
| TABLES AND CHARTS |
| CHART 1 | UK BUNDLED FM OUTSOURCING MARKET AT CURRENT PRICES 2000 – 2009 |
8 |
| CHART 2 | INTEREST RATES AND INFLATION (CPI) FROM 1990-2008 |
13 |
| TABLE 3 | PUBLIC SECTOR CAPITAL BUDGET DEPARTMENTAL EXPENDITURE LIMITS (£BN) |
14 |
| CHART 4 | BUSINESS CONFIDENCE – SERVICE & MANUFACTURING SECTORS 1990-2006 |
15 |
| TABLE 5 | EXCHANGE RATE FLUCTUATIONS 2001-2007 - THE POUND STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
16 |
| TABLE 6 | TOTAL OUTSOURCED FM MARKET – MAIN SUB-SECTORS 2005 |
19 |
| TABLE 7 | UK FM MULTI-SERVICE OUTSOURCING MARKET 2000 –2009 £BN (AT CURRENT PRICES) |
23 |
| CHART 8 | UK NON-CORE SERVICES MARKET BY TYPE OF OPERATION 2005 |
25 |
| TABLE 9 | CONSTRUCTION NEW WORK OUTPUT BY SECTOR 2000-2005 (£BN) AT CURRENT PRICES |
28 |
| TABLE 10 | PROJECTED ESTIMATED PAYMENTS UNDER PFI CONTRACTS, AS AT MAR 2005 |
30 |
| CHART 11 | UK CORPORATE FM SERVICES MARKET SHARE BY VALUE |
36 |
| TABLE 12 | UK CORPORATE FM OUTSOURCING MARKET 2000-2009 (AT CURRENT PRICES) |
37 |
| CHART 13 | UK CORPORATE FM SERVICES MARKET SHARE BY VALUE |
40 |
| TABLE 14 | CONSTRUCTION NEW WORK OUTPUT - SELECTED CORPORATE END USE MARKETS 2000-2005 (£BN) AT CURRENT PRICES |
41 |
| CHART 15 | CENTRAL LONDON OFFICE MARKET – OFFICE VACANCY RATES % |
42 |
| TABLE 16 | UK CENTRAL GOVERNMENT FM MARKET (AT CURRENT PRICES) 2000-2009 |
45 |
| TABLE 17 | CONSTRUCTION NEW WORK OUTPUT – SELECTED CENTRAL GOVT END USE SECTORS 2000-2005 (£BN) AT CURRENT PRICES |
46 |
| TABLE 18 | MAJOR MOD PFI/PPP PROJECTS AS OF APRIL 2006 |
48 |
| TABLE 19 | MOD REGIONAL PRIME CONTRACTS PROJECTS AS OF APRIL 2006 |
50 |
| TABLE 20 | KEY DBFO PRISON, YOI & DETENTION CENTRE PROJECTS - SIGNED & PREFERRED BIDDER STATUS OVER £10M,AS AT APRIL 2006 |
52 |
| TABLE 21 | POLICE SERVICE PFI/PPP PROJECTS WITH FM - SIGNED & PREFERRED BIDDER STATUS AS OF APRIL 2006 |
54 |
| TABLE 22 | COURTS PFI PROJECTS AT ALL STAGES AS OF APRIL 2006 |
56 |
| TABLE 23 | OTHER GOVERNMENT DEPARTMENT SPONSORED PPP PROJECTS INCORPORATING FM AS OF APRIL 2006 |
59 |
| TABLE 24 | UK HEALTHCARE MARKET FOR NON-CLINICAL SUPPORT SERVICES (AT CURRENT PRICES) 2000-2009 |
60 |
| TABLE 25 | CONSTRUCTION NEW WORK OUTPUT – PRIVATE & PUBLIC HEALTH SECTORS 2000-2005 (£BN) AT CURRENT PRICES |
63 |
| TABLE 26 | MIX IN KEY NON-CLINICAL SERVICES PROVISION AT EXISTING NHS TRUST FACILITIES BY VOLUME |
64 |
| TABLE 27 | NHS PRIORITISED PFI HOSPITAL SCHEMES IN ENGLAND - STATUS AS OF MAY 2006 |
65 |
| TABLE 28 | NHS PFI PROJECTS WITH CAPITAL VALUES £25M + SIGNED &PREFERRED STATUS AS OF MAY 2006 |
67 |
| TABLE 29 | NHS LIFT PROJECTS – SIGNED & PREFERRED |
73 |
| TABLE 30 | PROCURE 21 INITIAL PRINCIPAL SUPPLY CHAIN PARTNERS & FM PROVIDERS |
76 |
| TABLE 31 | PSCP’S BY NUMBER AND VALUE OF ASSIGNED PROCURE21 SCHEMES, AT 15 JUNE 2006 |
77 |
| TABLE 32 | ISTCS SCHEMES & PROVIDERS AS OF MARCH 2006 |
78 |
| TABLE 33 | UK LOCAL AUTHORITY FM OUTSOURCING MARKET (AT CURRENT PRICES) 2000-2009 |
80 |
| TABLE 34 | CONSTRUCTION NEW WORK OUTPUT – SELECTED LOCAL AUTHORITY END USE SECTORS 2000-2005 (£BN) AT CURRENT PRICES |
82 |
| TABLE 35 | UK – ENDORSED SCHOOLS PFI PROJECTS – SIGNED & OTHER STATUS OVER £25M, AS OF MAY 2006 |
84 |
| TABLE 36 | LEISURE & CULTURE PRG ENDORSED PPP PROJECTS INCORPORATING FM AS OF MAY 2006 |
91 |
| TABLE 37 | OTHER LOCAL AUTHORITY PFI PROJECTS INCORPORATING FM PROVISION –SIGNED & PREFERRED BIDDER STATUS AS OF MAY 2006 |
93 |
| TABLE 38 | SELECTED STRATEGIC PARTNERSHIP CONTRACTS FEATURING FM SERVICES IN THE LOCAL AUTHORITY SECTOR |
94 |
| TABLE 39 | FM COMPANIES WITH ORIGINS IN CONSTRUCTION & RELATED SERVICE |
95 |
| TABLE 40 | FM COMPANIES WITH ORIGINS IN THE ENGINEERING & MANUFACTURING SECTORS |
96 |
| TABLE 41 | LEADING FM COMPANIES WITH ORIGINS IN THE SUPPORT SERVICES SECTOR |
97 |
| TABLE 42 |
TOP 20 FM SUPPORT SERVICES
COMPANIES IN THE UK |
104 |
