Last checked at 10 Nov 2014 07:00
Costain Group PLC
("Costain" or "the Group")
Costain secures place on Highways Agency Collaborative Delivery Framework
Costain, the engineering solutions provider, is pleased to announce that it has secured a place on the Highways Agency's five-year £5.0 billion Collaborative Delivery Framework, the largest ever framework for the improvement of England's motorways and major A roads.
Costain is one of five organisations appointed to Lot 3b for major projects valued between £100 and £450 million. The total value of Lot 3b within the overall Framework is anticipated to be circa £3.0 billion.
The Framework will carry out critical infrastructure projects, expected to include the technology-led Smart Motorways programme, and complex schemes such as the A14 Cambridge to Huntington.
Andrew Wyllie, Chief Executive of Costain, commented:
"The upgrading of our highways network is essential to improving connectivity between the various regions of the UK, and we are delighted to have secured a place on this important Framework.
"This award demonstrates the increasingly strategic nature of our long-term customer relationships, which has resulted in an order book comprising high quality repeat business with long term visibility and low risk."
10 November 2014
Enquiries:
Costain | Tel: 01628 842 444 |
Andrew Wyllie, Chief Executive | |
Tony Bickerstaff, Finance Director | |
Graham Read, Communications Director | |
Instinctif Partners | Tel: 020 7457 2020 |
Mark Garraway | |
Helen Tarbet |