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Pin to quick picksCostain Regulatory News (COST)

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Appointment to £500m Major Projects Framework

5 Jan 2017 07:01

RNS Number : 3791T
Costain Group PLC
05 January 2017
 

5 January 2017

 

Costain Group PLC

("Costain" or "the Group")

 

Costain wins place on TfL's new £500m Major Projects Framework

Costain, the engineering solutions provider, has secured a place on Transport for London's Surface Transport Major Projects Framework (the 'Framework'), which covers the delivery, upgrade and maintenance of bridges, tunnels and highways across London.

Costain is one of three suppliers for the four-year Framework, which is valued at up to £500m in total, and includes design, planning and complex project delivery work. The Framework may be extended by two years at TfL's discretion.

During a previous Framework Costain carried out the strengthening of the Hammersmith Flyover, a highly complex project which was delivered ahead of schedule.

 

Andrew Wyllie CBE, Chief Executive of Costain commented:

"We are delighted that TfL has again chosen Costain as a delivery partner for the Major Projects Framework. It is a reflection of our strong track record in applying innovative techniques in highways."

 

Enquiries:

 

Costain

Tel: 01628 842 444

Andrew Wyllie CBE, Chief Executive

Tony Bickerstaff, Finance Director

Sara Lipscombe, Communications Director

Catherine Warbrick, Investor Relations Director

 

 

Instinctif Partners

Tel: 020 7457 2020

Mark Garraway

Helen Tarbet

James Gray

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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