Last checked at 10 Nov 2014 07:00
10 November 2014
Carillion appointed to Highways Agency's Collaborative Delivery Framework through which the Agency plans to invest £5 billion
Carillion has been selected by the Highways Agency as one of five contractors that will deliver highway schemes with values between £100 million and £450 million, which form part of the HA's Collaborative Delivery Framework (CDF).
The CDF, under which the Agency plans to invest some £5 billion in England's motorways and major A roads over the next five years, is the largest framework the Agency has ever awarded and will allow the Agency to deliver large scale improvements to strategic roads, enabling economic growth across the country.
Of the £5 billion of planned investment, approximately £2.7 billion will be spent on schemes valued at between £100 million and £450 million. As one of five contractors appointed to deliver these schemes, Carillion expects to generate up to some £500 million of revenue from the Framework over the five year period.
Carillion is the leading trainer of apprentices in its sector, with up to 2,000 apprentices in training at any one time, and our appointment to this framework is expected to create a substantial number of new apprenticeship opportunities.
Commenting, Carillion Chief Executive, Richard Howson, said: "We are delighted to have been selected to deliver the largest category of contracts under the Highway's Agency's new Collaborative Delivery Framework, which is consistent with our selective approach of focusing on large contracts and long-term customers. We look forward to continuing the strong partnership we have developed with the Agency to deliver this important programme."
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2013 of some £4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments.
Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.
Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.
Middle East construction services - this includes building and civil engineering activities in the Middle East.
Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.
This and other Carillion news releases can be found at www.carillionplc.com
For more information
John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 316426
Finsbury
James Murgatroyd or Gordon Simpson +44 (0) 207 2513801