Appointed preferred bidder fo

RNS Number : 4239E

Morgan Sindall PLC

21 December 2009

 



Morgan Sindall plc

21st December 2009

Morgan Sindall led JV appointed preferred bidder for £417 million
 Thames Water tunnelling project

Morgan Sindall today announces that the MVB joint venture, comprising its infrastructure services business Morgan Est, VINCI Construction Grands Projets and Bachy Soletanche, has been appointed as preferred bidder to deliver the £417 million Lee Tunnel for Thames Water.

Morgan Est has a 50 per cent shareholding in the JV, VINCI has 30 per cent and Bachy 20 per cent.

The project involves the construction of a seven metre internal diameter storage transfer tunnel, which is approximately 6,900 metres long, from Abbey Mills Pumping Station to Beckton Sewage Treatment Works. Works include the construction of two, 25 metre internal diameter shafts and one 20 metre shaft (two at Beckton and one at Abbey Mills) and a 38 metre diameter off-line Tideway Pumping Station Shaft. 

Work will start in April 2010 and the tunnel will be complete by the end of 2014 in order to comply with the Urban Waste Water Treatment Directive set by the European Union. 

Paul Smith, Chief Executive of Morgan Sindall plc, said:

"This is a very important project for our infrastructure services division. Being appointed preferred bidder demonstrates the strength and expertise that Morgan Est has in tunnelling, an area where we have a market leading position.

"It further strengthens our relationship with Thames Water and we look forward to starting work on the project in due course." 

ENDS

ENQUIRIES:

Morgan Sindall plc                                           Tel: [phone]

Paul Smith, Chief Executive

David Mulligan, Finance Director

Blythe Weigh Communications                         Tel: [phone]

Tim Blythe                                                          Mobile: [phone]

Paul Weigh                                                         Mobile: [phone]

Notes to Editors:

Morgan Sindall plc is a top UK construction and regeneration group which operates through five divisions of fit out, construction, infrastructure services, affordable housing and urban regeneration, which are supported by two specialist units of investments and professional services.

Morgan Est is a leading UK provider of infrastructure services across the public and private sector. The business which specialises in the design and delivery of complex engineering projects, provides specialist and innovative tunnelling, utilities, civil engineering and mechanical and electrical services to the water, transport and energy sectors.  It is part of top UK construction and regeneration group Morgan Sindall plc which operates through five divisions of fit out, construction, infrastructure services, affordable housing and urban regeneration, which are supported by two specialist units of investments and professional services.

 

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