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Pin to quick picksCarillion Plc Regulatory News (CLLN)

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Re Contract

9 Jun 2014 07:00

RNS Number : 1078J
Carillion PLC
09 June 2014
 

 

 

 

 

 

9 June 2014

 

Carillion Joint Venture appointed to £260 million Midlands Highway Alliance framework

The Midlands Highway Alliance is a collaborative arrangement between 20 Local Authorities that gives its members quick, standardised access to high-quality professional services for their civil engineering and highway schemes.

Carillion in joint venture with Lafarge Tarmac (50:50) has been selected as one of the contractors to deliver the Medium Schemes Framework 2, which has a total value of approximately £260 million over a three-year period and an estimated value to the joint venture of £100 million. The Alliance also has the option to extend the framework by a further year to June 2018.

The framework will include the delivery of a wide range of projects on behalf of the Alliance partners, including the reconfiguration of highway layouts, the construction of road and bridgeworks, resurfacing and associated enabling works

Carillion Chief Executive, Richard Howson, said: "Our appointment to this framework continues our strong work winning performance in 2014 and supports our view that the outlook in our selected sectors of the UK construction market continues to improve. We look forward to working with the Alliance partner authorities to deliver important improvements to the highway network in the Midlands."

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

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
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