Kier secures new contracts worth £177m
For release at 0700 hours 13 February 2015
KIER GROUP PLC
Kier secures new contracts worth £177m
Kier Group plc ("Kier"), the leading property, residential, construction and services group, today announces the following contract awards in its Construction and Services divisions. In the Construction division, new awards under the Procure 21+ framework have been awarded totalling £89m. These awards further extend Kier's position as one of the UK's leading building providers to the health sector. The contracts include:
· The £63m redevelopment of Birmingham Women's Hospital for the Birmingham Women's NHS Trust. This will include a new build clinical block and refurbishment of the existing hospital building; and
· A £26m new emergency and paediatrics wing at Scarborough Hospital for The York Teaching Hospital NHS Foundation Trust. This further extends Kier's work with the Trust which has seen over twenty individual projects completed over the last nine years.
In addition, a new £33m highways improvement scheme for the A30 by Cornwall Council has been awarded to Kier's infrastructure business. The project will be part-funded and delivered by the Council in conjunction with the Highways Agency. Work will begin in March 2015 and is expected to be completed in 2017.
Within the Services housing maintenance business, a five-year extension to the existing repairs and maintenance contract with Barnsley Council covering 9,000 homes, has been awarded. The contract extension is valued at £55m over the period.
Commenting on today's announcements, Haydn Mursell, chief executive of Kier, said: "Once again we are delighted to win work through the Procure 21+ framework. With over £1.3bn of contracts secured by the Group from this framework over the last decade, we are pleased to maintain a level of quality and service which our customers continue to recognise."
"With our increased capability and focus on key market sectors, the award of the A30 contract reflects our increasing presence in the highways sector working for both local authorities and the Highways Agency. The extension of the Barnsley housing maintenance contract further consolidates Kier's strong profile in south Yorkshire."
-ENDS-
Contacts:
Faeth Birch/Daniela Fleischmann (Finsbury): +44 (0) 20 7251 3801
Kier press office: +44 (0) 1767 355 903 / +44 (0) 7791 719452
This information is provided by RNS
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