Costain wins framework contract with Highways Agency
17 February 2010
Costain announces that it has been appointed, in joint venture
with Serco, as one of the Delivery Partners to the Highways
Agency's National Framework Contract.
This framework contract, which will primarily involve the
delivery of earlier schemes in the Managed Motorway Programme, is
focussed on enhancing the capacity and reliability of England's
motorway network by installing, testing and commissioning a
technology solution to allow hard shoulder running and other
improvements to the network.
Up to £2 billion of contracts will be delivered through the
framework of four Delivery Partners including the Costain/Serco
joint venture.
Commenting on the award, Andrew Wyllie, Chief Executive of
Costain, said:
"This is a strategically important win for Costain. We
identified some time ago the trend towards prioritising capacity
enhancement through efficiency initiatives alongside new road
build. Our joint venture with Serco was formed specifically
to win contracts like this. We are delighted to have secured
this contract with such an important client and one that further
strengthens our position as one of the UK's leading solution
providers in the Highways sector."
Ends