Kier awarded three frameworks totalling over £5bn

RNS Number : 8370H

Kier Group PLC

23 August 2016

 

KIER GROUP PLC

Kier awarded three major Construction frameworks totalling over £5bn

Kier Group plc ("Kier"), the leading property, residential, construction and services group, today announces the following new framework awards for its Construction division. All of the frameworks have been secured since the Group's trading update on 4 July and they provide a long-term pipeline of potential contract awards.

These include;

• A place on the four-year £4bn Department of Health Procure22 framework as one of six principle supply chain partners which commences in October.  Kier Construction is a leading provider in the health sector having delivered over £170m of health projects over the last twelve months.

• A place as one of five suppliers on two five-year construction frameworks worth up to £750m at Gatwick Airport. The frameworks cover building and civil engineering projects up to £10m as well as a smaller works framework for building projects up to £1.5m. The award reflects Kier's increasing profile in the aviation sector with a place recently secured on the framework at Glasgow airport focused on infrastructure improvements.

• A place on the two-year £500m University of Cambridge Framework to provide a range of facilities including laboratories, teaching and lecture spaces and sport facilities. This construction framework provides opportunity to build on our established working relationship with the University. 

Kier Group chief executive, Haydn Mursell, said: "These awards demonstrate the breadth of our offering and the strength of our relationships with clients across a wide range of sectors, including healthcare, aviation and education. Such awards, which account for approximately half of our UK regional building revenues, enable us to work closely with our clients to deliver on their long-term requirements and they further bolster our strong Construction order book."

- Ends -

Contacts:

Kier press office:                                                [phone] / [phone]

Faeth Birch (Finsbury):                                        [phone]

Note to Editors:

About Kier

Kier Group plc is a leading property, residential, construction and services group. We operate across a range of sectors including defence, education, health, housing, industrials, power, transport and utilities. Employing 24,000 people, with a turnover of over £4bn. Kier has the financial strength and technical expertise to undertake some of the most significant construction, civil engineering and service contracts in the country.

 

END

 

 

NRASEWFWEFMSELA