Kier awarded Highways England Area 7 contract
KIER GROUP PLC
Kier awarded design services contract worth up to £50m by Highways England
Kier Group plc ("Kier"), the leading property, residential, construction and services group, confirms that it has been selected by Highways England as the preferred supplier for design services in the Highways England Area 7 covering the East Midlands. The new contract, which is additional to Kier's existing Highways England contracts, is worth up to £50m over a five-year period, commencing 1 July 2016.
Area 7 comprises 79km of motorway and 428km of trunk roads in Nottinghamshire, Derbyshire, Leicestershire, Lincolnshire, Northamptonshire and Rutland, including stretches of the M1, M6 and A1. The contract work delivered by Kier Highways includes preparing technical designs and undertaking supporting work for capital projects from an initial scheme feasibility phase through to the as-build phase. Kier's expertise in structures, pavements, drainage, lighting, technology and landscaping, are amongst those that will be called upon in order to successfully deliver the contract.
The award of this contract demonstrates Kier's ability to tailor its services offering to Highways England's evolving asset led delivery model and reflects the breadth of the Group's capabilities following the Mouchel acquisition.
Kier believes that this win represents an attractive opportunity for the Group. As a committed supplier to Highways England, Kier will be in a strong position to bid for further contracts beyond the four Areas (1, 3, 9 and 13) in which it currently operates.
Kier's Chief Executive, Haydn Mursell, commented: "We are pleased to have secured an attractive design services contract with Highways England under its new delivery model. This contract reflects our adaptability and flexibility when working with clients, whilst showcasing our enhanced offering that has been strengthened by the acquisition of Mouchel. We remain confident about the long-term outlook for our Services business, underpinned by a healthy combined order book of £9bn across our Construction and Services divisions."
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For further information, please contact:
Kier press office +44 (0) 1767 355 903 / +44 (0) 7791 719452
Faeth Birch/Daniela Fleischmann (Finsbury) +44 (0) 20 7251 3801
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 and an order book of £9bn, Kier has the financial strength and technical expertise to undertake some of the most significant construction, civil engineering and service contracts in the country.
This information is provided by RNS
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