Firm wins prime £75m schools contract

McAvoy Group
McAvoy Group

A Dungannon building firm is spearheading the new construction boom after winning prime contracts to build nine new schools in England.

Off-site builders, McAvoy Group, has said it is set for its “best year yet” in 2015 as rising immigration increases the demand for new public buildings.

The firm has signed £75m worth of public sector contracts in England - demonstrating that construction firms in Northern Ireland are having to win work across the water if they are to thrive.

Construction was one of the hardest-hit sectors in the recession and has yet to fully recover.

The McAvoy Group, established in 1972, is to build nine new schools in London and the south-east of England by the start of next year.

The company, which employs 150 people throughout the UK and Ireland, had a turnover of £34m in 2014 and a profit of around £500,000.

Managing director Eugene Lynch said: “To secure preferred bidder status on so many Education Funding Agency (EFA) schools’ contracts as principal contractors is great news for the McAvoy Group.

“In 2014 we recorded turnover of £34m and to be entering 2015 with a projected pipeline of £75m of new orders is a reflection of the focus and effort by the whole team, including our design and supply base partners.

“We are proud of our progress to date and will continue to develop our skills set and approach to ensure our provision in the education sector is one of the best”.