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Pin to quick picksCostain Regulatory News (COST)

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Smart Motorway Programme Alliance

27 Apr 2020 07:00

RNS Number : 8841K
Costain Group PLC
27 April 2020
 

 

27 April 2020

 

Costain Group PLC

 

("Costain" or "the Group" or "the Company")

 

COSTAIN APPOINTED SMART MOTORWAYS PROGRAMME ALLIANCE PARTNER BY HIGHWAYS ENGLAND

 

Costain, the smart infrastructure solutions company, has been appointed one of six partners in the £4.5 billion Smart Motorway Programme Alliance ("SMP Alliance"), a newly created alliance which will deliver critical capacity and safety improvements across England's strategic road network. The 10-year framework will see the SMP Alliance safely deliver a key element of the Government's second Road Investment Strategy, with a greater emphasis on technology and increased efficiency.

 

Costain will apply its leading-edge technology, production and installation techniques to deliver faster, safer and cost-effective enhancements across the road network. This includes applying the most innovative digital design techniques as well as minimising disruption for road users through the application of Design for Manufacture and Assembly techniques ("DfMA") enabling a greater proportion of work to be undertaken off-site.

 

Alex Vaughan, CEO of Costain, commented, "We are delighted to have been selected as one of the partners to the SMP Alliance. This strategic programme will deliver the much-needed capacity and safety improvements across the strategic road network in England. This programme approach seeks a step change in delivery performance, and Costain has been a long-term partner for Highways England delivering a broad mix of services from consultancy and digital technology solutions through to programme management and complex project delivery, demonstrating Costain's strong breadth of capabilities that add value in shaping and delivering England's future transport infrastructure."

 

Costain has a long-standing partnership with Highways England, supporting a range of initiatives aimed at improving safety and congestion as well as future shaping England's road networks. In addition to complex construction programmes, Costain has provided specialist technology products and services such as high-performance CCTV and incident detection, to leading innovation and consultancy projects such as connected digital roads and specialist analytics platforms.

 

 

 

Ends

 

Enquiries:

Costain

Tel: 01628 842 444

Alex Vaughan, Chief Executive Officer

Tony Bickerstaff, Chief Financial Officer

Carolyn Rich, Investor Relations Director

Sara Lipscombe, Group Communications Director

 

MHP Communications

 

Costain@mhpc.com

Tim Rowntree

Peter Hewer

 

Tel: 020 3128 8527

Tel: 07709 326 261

 

 

Notes to Editors

 

Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's transportation, water, energy and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

 

For more information visit www.costain.com 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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