finance

Momentum builds on Scottish construction pipeline database



Since its launch last July, Scotland’s public bodies and private sector construction businesses have more than justified the Construction Pipeline Forecast Tool.

It now contains a list of projects with a value of £11bn, while the number of registered website users exceeds 600.

Managed by infrastructure body the Scottish Futures Trust (SFT), the tool was one of the actions coming out of the Scottish Construction Leadership Forum’s Recovery Plan, published in October 2020 to support the industry’s coronavirus recovery.

By registering on the website, private sector businesses now have access to specific details of more than 1,500 future infrastructure projects that have been submitted by 45 Scottish public bodies.

By providing greater transparency on future construction workload, the pipeline aims to help businesses plan better and maintain their investment in training.

For the public sector, the pipeline encourages greater collaboration between organisations through a greater understanding of their respective investment pipelines.

Peter Reekie, chief executive of the Scottish Futures Trust and chair of the Executive Group of the Scottish Construction Leadership Forum, said: “The work of the SFT in ensuring the Construction Pipeline Forecast Tool remains current and relevant, and provides the construction sector with vital information to help them manage their businesses effectively and plan for future work.

“The next update is planned for June 2022, where we anticipate continued support by public bodies submitting details of their infrastructure projects and increase the number of projects and awareness.”

Stuart Parker, managing director of Morgan Sindall Scotland and chair of the pipeline and commercials sub-group, said: “The tool has already provided invaluable insight for our business as we plan ahead, and we welcome the continued management by SFT and support by public bodies in providing their data.”

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