11 Jan 2016 07:00
Costain Group PLC
("Costain" or "the Group")
Costain confirms award of East Sussex highways services contract
Further to its announcement on 17 December 2015 of Preferred Bidder status, Costain, the engineering solutions provider, confirms today that as part of a Joint Venture ('JV') it has been awarded the contract by East Sussex County Council to deliver a comprehensive design, maintenance and improvement service covering over 2,000 miles of highways in the county.
Costain is in a 50:50 JV with CH2M; the contract is worth £300m to the JV over seven years. Work is scheduled to commence on 1 May 2016 following a four month mobilisation phase.
11 January 2016
Enquiries:
Costain | Tel: 01628 842 444 |
Andrew Wyllie CBE, Chief Executive | |
Tony Bickerstaff, Finance Director Graham Read, Communications Director | |
Catherine Warbrick, Investor Relations Director | |
Instinctif Partners | Tel: 020 7457 2020 |
Mark Garraway | |
Helen Tarbet | |
James Gray |
Costain (COST)