Bancon boosted by over £40m of new contracts
A new local authority framework deal and an additional contract with an oil and gas firm have contributed to over £40m of new work for Bancon Construction.
The construction division of Aberdeenshire-based Bancon Group was awarded a four year £32 million framework contract from Aberdeenshire Council following a competitive tender process.
The contract is part of the local authority’s social housing improvement programme and will see Bancon Construction undertaking enhancements to several hundred homes in South Aberdeenshire including putting in PV panels, fitting new kitchens, re-wiring and re-insulation.
Having successfully completed the refurbishment of Total E&P UK Ltd’s (TEPUK) building at Arnhall Business Park in Westhill on time and to budget, the firm has been awarded additional work from the oil major to carry out upgrades on ancillary building at the site.
This contract, alongside new deals secured for Angus Council, Aberdeenshire Council and Hilton Grand Vacations, amounts to a further £8m in additional work.
Gavin Currie, managing director of Bancon Construction Ltd., 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.”
Brian Wilkie, corporate services director of TEPUK, said: “TEPUK engaged Bancon to refit and refurbish our new office in Westhill. The project required Bancon to complete the work in just 189 days. We’re very pleased that the project has been completed within that demanding timeframe and also without any safety incidents and within the set budget.”