Kier Group plc ("Kier"), the leading property, residential, construction and services group, today announces the following contract updates within its Services and Construction divisions.
Kier has secured two extensions to its existing Area 1 and 13 highways contracts with Highways England, worth up to £90m. These awards further secure Kier's position as one of the leading providers of management and maintenance services for Highways England's strategic network as well as a major provider to local authority highways networks, following the acquisition of Mouchel earlier this year.
The extensions include:
· A twenty-month extension up to June 2017 to the existing Managing Agent Contractor (MAC) contract for the Area 1 contract covering Devon and Cornwall. This network covers the A30 and A38 and includes the A38 Saltash Tunnel, which is the only two-way, three-lane tunnel in Highways England's road network; and
· A seventeen-month extension up to March 2017 on the Area 13 contract covering Cumbria and North Lancashire. This contract covers 376 km of motorways and trunk roads across the region and provides the strategic road link with Scotland and the west coast.
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