Bechtel spent $18 billion on procurement contracts globally in 2013

Gurjit Degun
27 July 2014

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28 July 2014 | Gurjit Degun

Construction and engineering firm Bechtel spent more than $18 billion (£10.6 billion) on procurement across its major markets worldwide in 2013.

This included more than $250 million (£147 million) in contracts for goods and services awarded to local firms in Gabon, where the company and the government are executing a national infrastructure initiative.

In the company’s first sustainability report, Bechtel said its global procurement and contracts and social investments “create significant opportunities for shared value with communities and local suppliers”. The report said it contributed almost $5.2 million (£3 million) in “social investments”.

Bechtel also created a “comprehensive” sustainability programme for the Crossrail project. It said that almost 100 per cent of the excavated material was reused or recycled, “serving as a model for future large-scale rail projects”.

In an executive letter to accompany the report, Riley Bechtel, chairman and Bill Dudley, president and CEO, added: “Thirty-two per cent of the construction materials procured derived from recycled material, exceeding Crossrail’s target of 15 per cent.”

"We incorporate sustainability across the life cycle of our projects, from concept to completion," said Tam Nguyen, Bechtel's global head of sustainability. "We are not just delivering a physical asset to our customers and communities, but also creating an enabling environment that will benefit them in the long term."

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