| 1. |
INTRODUCTION |
5 |
| 2. |
SUMMARY |
6 |
| 2.1 | EXECUTIVE SUMMARY |
6 |
| 2.2 | FUTURE PROSPECTS |
9 |
| 3. |
ECONOMIC ENVIRONMENT |
12 |
| 3.1 | GDP |
12 |
| 3.2 | INFLATION & INTEREST RATES |
13 |
| 3.3 | UNEMPLOYMENT |
14 |
| 3.4 | PUBLIC SECTOR EXPENDITURE |
14 |
| 3.5 | BUSINESS CONFIDENCE |
16 |
| 3.6 | STERLING |
17 |
| 3.7 | CONCLUSIONS |
18 |
| 4. |
FACILITIES MANAGEMENT OUTSOURCING MARKET |
19 |
| 4.1 | DEFINITION |
19 |
| 4.2 | MARKET SIZE |
21 |
| 4.3 | KEY MARKET TRENDS & INFLUENCES |
24 |
| 4.3.1 | Overview |
24 |
| 4.3.2 | Growth in Outsourcing |
25 |
| 4.3.3 | Diversification in Service Provision and Contract Periods |
26 |
| 4.3.4 | Construction Contractors Output |
27 |
| 4.3.5 | Public Private Partnerships |
29 |
| 4.3.6 | Legislation |
32 |
| 4.4 | MARKET MIX |
34 |
| 4.4.1 | Support Services |
35 |
| 4.4.2 | Building O & M Services |
36 |
| 4.4.3 | Environmental Services |
36 |
| 4.4.4 | Property Management |
37 |
| 5. |
KEY END USE SECTORS |
38 |
| 5.1 | OVERVIEW |
38 |
| 5.2 | CORPORATE SECTOR |
39 |
| 5.2.1 | Overview, Market Size and Trends |
39 |
| 5.2.2 | Market Mix |
40 |
| 5.2.3 | Key End Use Markets |
41 |
| 5.3 | CENTRAL & LOCAL GOVERNMENT |
45 |
| 5.3.1 | Overview, Market Size & Trends |
45 |
| 5.3.2 | Market Mix |
48 |
| 5.3.3 | Key End Use Market Sub-Sectors |
49 |
| 5.4 | HEALTH & EDUCATION SECTORS |
56 |
| 5.4.1 | Overview, Market Size & Trends |
56 |
| 5.4.2 | Market Mix |
57 |
| 5.4.3 | Key End Use Markets |
60 |
| 6. |
CONTRACTORS REVIEW |
65 |
| 6.1 | ORIGINS |
65 |
| 6.2 | SUPPLY STRUCTURE |
68 |
| 6.3 | KEY TRENDS |
69 |
| 6.4 | MARKET SHARES |
72 |
| 6.5 | COMPANY PROFILES |
73 |
| 6.5.1 | Leading FM Contractors |
73 |
| 6.5.2 | Other Large Companies in the FM Market |
82 |
| TERMS AND ABBREVIATIONS |
95 |
|
| TABLES AND CHARTS |
| CHART 1 | UK BUNDLED FM OUTSOURCING MARKET AT CURRENT PRICES 2002 – 2012 |
6 |
| CHART 2 | VALUE OF FM SERVICES MARKET BY END USE APPLICATION SECTOR – 2007 |
7 |
| CHART 3 | INTEREST RATES AND INFLATION (CPI) FROM 1992-2012 |
13 |
| TABLE 4 | TOTAL PUBLIC SECTOR CAPITAL BUDGET - DEPARTMENTAL EXPENDITURE LIMITS (£BILLION) |
15 |
| CHART 5 | BUSINESS CONFIDENCE – SERVICE & MANUFACTURING SECTORS 1992-2008 |
16 |
| TABLE 6 | EXCHANGE RATE FLUCTUATIONS 2000-2008 - STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES |
17 |
| TABLE 7 | TOTAL OUTSOURCED FM MARKET – MAIN SUB-SECTORS 2007 |
20 |
| TABLE 8 | UK FM MULTI-SERVICE OUTSOURCING MARKET 2002 –2012 £BN (AT CURRENT PRICES) |
22 |
| TABLE 9 | CONSTRUCTION NEW WORK OUTPUT BY SECTOR 2000-2007 (£BN) AT CURRENT PRICES |
28 |
| TABLE 10 | SIGNED PFI PROJECTS BY GOVERNMENT DEPARTMENT 2003-2007 - CAPITAL VALUES £M |
29 |
| TABLE 11 | PROJECTED SERVICE PAYMENTS UNDER PFI CONTRACTS - 2007/2008 TO 2014/2015 |
30 |
| CHART 12 | UK NON-CORE SERVICES MARKET BY TYPE OF OPERATION 2007 |
34 |
| CHART 13 | UK FM SERVICES MARKET SHARE BY VALUE - 2007 |
38 |
| TABLE 14 | UK CORPORATE FM OUTSOURCING MARKET 2002-2012 (AT CURRENT PRICES) |
40 |
| CHART 15 | UK CORPORATE FM SERVICES MARKET SHARE BY VALUE -2007 |
41 |
| TABLE 16 | CONSTRUCTION NEW WORK OUTPUT - SELECTED CORPORATE END USE MARKETS 2000-2007 (£M) AT CURRENT PRICES |
42 |
| TABLE 17 | UK CENTRAL & LOCAL GOVERNMENT FM MARKET 2002-2012 (CURRENT PRICES) |
46 |
| CHART 18 | MIX OF FM MARKET BY VALUE AMONG CENTRAL & LOCAL GOVERNMENT – 2007 |
48 |
| TABLE 19 | CONSTRUCTION NEW WORK OUTPUT – SELECTED CENTRAL & LOCAL GOVT END USE SECTORS 2000-2007 (£BN) AT CURRENT PRICES |
49 |
| TABLE 20 | UK EDUCATION AND HEALTHCARE FM OUTSOURCING MARKET 2002-2012 (CURRENT PRICES) |
56 |
| CHART 21 | MIX OF FM MARKET BY VALUE BETWEEN THE HEALTH AND EDUCATION SECTORS – 2007 |
58 |
| CHART 22 | FM OUTSOURCING LEVELS IN THE HEALTH AND EDUCATION SECTORS BY VALUE – 2007 |
59 |
| TABLE 23 | CONSTRUCTION NEW WORK OUTPUT 2000 – 2007 (£M) AT CURRENT PRICES PRIVATE & PUBLIC HEALTH AND EDUCATION SECTORS |
60 |
| TABLE 24 | FM COMPANIES WITH ORIGINS IN CONSTRUCTION & RELATED SERVICES |
65 |
| TABLE 25 | FM COMPANIES WITH ORIGINS IN THE ENGINEERING & MANUFACTURING SECTORS |
66 |
| TABLE 26 | LEADING FM COMPANIES WITH ORIGINS IN THE SUPPORT SERVICES SECTOR |
67 |
| TABLE 27 | TOP 20 FM SUPPORT SERVICES COMPANIES IN THE UK |
73 |