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Pin to quick picksCostain Group Regulatory News (COST)

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206.00    -4.00 (-1.90%)
Bid:
204.00
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205.00
Spread: 1.00 (0.49%)
Market Cap: £549.02m
COST Live PriceLast checked at - London Stock Exchange

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Re Contract

2 Oct 2014 07:00

RNS Number : 2261T
Costain Group PLC
02 October 2014
 



 

 

Costain Group PLC

("Costain" or "the Group")

 

Costain JV wins Scottish Water contract

 

Costain, the engineering solutions provider, is pleased to announce that its joint venture with Vinci Construction Grands Projetshas been awarded an £86 million contract by Scottish Water to construct the Shieldhall Tunnel in Glasgow.  

 

The Shieldhall Tunnel will be Scotland's largest waste water tunnel, 4.70m in diameter and 3.1 miles long, and will form part of the biggest upgrade of Glasgow's waste water network in more than a century. It will run between Queen's Park and the Craigton industrial estate, and will resolve water quality and reduce flooding issues at key locations in the area served by the Shieldhall Waste Water Treatment Works.

 

Work will start in October 2014 and completion is anticipated in early 2018.

 

2 October 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

 

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