Willmott Dixon reports £4.4bn forward pipeline as 2025 underlying profit rises
Willmott Dixon, the privately owned construction and interiors company, publishes an update on current trading and its accounts for the 12 months to 31 December 2025.
Willmott Dixon has signed a £6.4 million contract with County Durham Development to further develop the North East Technology Park- NETPark - in Sedgefield, one of the fastest growing science parks in the North East. Working with the architects Deveraux, the company will construct two separate two storey structures that will incorporate laboratory space and office space.
Each of the structures is designed to provide accommodation for up to four tenants and will incorporate renewable technologies to the roof area.
NETPark aims to encourage small to medium size high-tech companies into the area who are developing technology and products in the physical sciences.
This extension of NETPark is through the framework Scape, a local authority-controlled company that enables public sector clients to save time and money by providing OJEU compliant framework agreements for construction related services.
The agreements can save clients up to nine months procurement time and considerable cost instead of individually going through the OJEU tender process.