After its analysis of the pipeline of UK government projects revealed that 84% are due to commence by 2016, KPMG is warning that skills shortages and lack of capacity will inevitably delay public and private sector projects.
The pipeline data covers a total of 3,148 projects spread over 16 sectors with a total value of approximately £128bn. The projects are procured by central and local government and cover three spending periods: 2014-16; 2016-20; and 2020 and beyond.
But KPMG’s analysis shows that 2,656 projects out of the total pipeline of 3,148 are either already underway, or due to start in 2015 or 2016.
The large weighting towards projects underway or gearing up highlights the pressure on the industry’s supply chain and skills capacity, says KPMG’s head of infrastructure, building and construction, Richard Threlfall.
