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BALFOUR BEATTY APPOINTED TO £2BN SCAPE FRAMEWORKS

17 Oct 2018 07:00

RNS Number : 2493E
Balfour Beatty PLC
17 October 2018
 

News Release

 

 

17 October 2018

 

BALFOUR BEATTY APPOINTED AS SOLE CONTRACTOR TO

£2 BILLION SCAPE INFRASTRUCTURE FRAMEWORKS

 

Balfour Beatty, the international infrastructure group, today announces that it has been appointed as the sole contractor to Scape Group's second generation civil engineering frameworks, valued at a combined total of up to £2.1 billion revenue.

 

The two new frameworks, open to all public sector bodies in the UK, will run for a period of four years from October 2018, with schemes due to be awarded from early 2019.

 

The Scape National Civil Engineering framework, which is valued at £1.6 billion, covers England, Wales and Northern Ireland, while the Scape Civil Engineering - Scotland framework, valued at £500 million, covers Scotland.

 

The frameworks allow local authorities, local enterprise partnerships and other public sector bodies to commission works through a procurement process that provides the fastest route to market and utilises early contractor engagement to deliver best value design solutions.

 

Since Balfour Beatty's appointment to the original National Civil Engineering and Infrastructure framework in 2015, the company has secured over 130 projects worth a combined value of £1.5 billion revenue in sectors including major highways and local roads, flood and coastal defence and public space.

 

Leo Quinn, Balfour Beatty Group Chief Executive, said:  "These frameworks enable us to build on our strong partnership with Scape. Our engineering and project management expertise coupled with our detailed regional knowledge supports Scape's delivery of a wide range of rapidly mobilised infrastructure projects.

 

"Through our partnership we will continue to deliver added social value for the communities in which we operate by creating apprenticeship and trainee programmes, developing local supply chain spend and employment opportunities, and helping local authorities unlock vital regional growth."

 

ENDS

 

 

Analyst/investor enquiries:

Angus BarryTel. +44 (0)20 7216 6824angus.barry@balfourbeatty.com 

 

Media enquiries:

Louise McCullochTel. +44 (0)20 7216 6846louise.mcculloch@balfourbeatty.com

 

 

Notes to editors:

· Balfour Beatty (www.balfourbeatty.com) is a leading international infrastructure group. With 28,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.

· Our main geographies are the UK & Ireland, US and the Far East. Over the last 100 years we have created iconic buildings and infrastructure all over the world including the London Olympics' Aquatic Centre, Hong Kong's first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.

· Scape Group (www.scapegroup.co.uk) is an organisation open to all public sector bodies in the UK, dedicated to creating ongoing efficiency and social value through the built environment. Scape and its subsidiaries offer fully managed frameworks, property services, innovative design solutions, community investment opportunities and joint ventures. By bringing together the strongest teams from the public and private sectors, Scape rapidly deploys highly measurable and collaborative solutions to deliver value for money whilst stimulating local economic growth and community enrichment.

· Scape operates with a current buying capacity of around £13 billion and has helped to deliver over 2,400 public sector projects with more than 1,800 currently in progress.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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