Trust hits new milestone
SMEs gain from £1bn of public sector hub deals
Figures published by the Scottish Futures Trust (SFT) show that 78% of all contracts that have gone through its hub programme have been awarded to SMEs and the value of construction is supporting more than 14,000 jobs.
David MacDonald, hub Programme Director at SFT, explained: “The success of the hub programme is clear to see as the value of projects under construction continues to grow.
“The hub programme is an innovative approach to develop and deliver best-value community facilities which provides public bodies with a quick and efficient way of getting their projects into construction and services delivered to their communities.
“The benefit of using hub as the preferred delivery partner is reflected in the huge increase in the value of projects under construction.
“We see this momentum continuing as there’s £550m of community projects still in development which are due to start on site in the next 12 to 24 months though our ever growing pipeline of work.”