The government has set out plans for how it will spend a projected £650bn of infrastructure investment over the next 10 years.
A Treasury document produced by the Infrastructure & Projects Authority (IPA), analysing the national infrastructure and construction pipeline, shows how between £21bn and £31bn of contracts will be brought to the market over the next year, including up to £2.5bn in education, £2.8bn on justice, and £23.7bn on transport.
IPA chief executive Nick Smallwood said the pipeline also outlined the extent to which new work will incorporate modern methods of construction, with 170 of the contracts in procurement making use of MMC, totalling an estimated capital value of between £15.4bn and £22.4bn.
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