Morgan Sindall JV wins £235m
10 January 2011
Morgan Sindall Joint Venture Wins Crossrail Contract worth £235 million
Morgan Sindall Group plc, the construction and regeneration group, today announces that BBMV, a joint venture in which Morgan Sindall, its construction and infrastructure division, holds an approximate 30 per cent share, has been awarded the Crossrail Whitechapel and Liverpool Street Station Tunnels contract.
The contract is valued at £235 million. Work is expected to commence in February 2011 and will take approximately five years to complete.
BBMV comprises ALPINE BeMo Tunnelling, Balfour Beatty, Morgan Sindall and VINCI Construction.
The Whitechapel and Liverpool Street Station Tunnels contract covers the construction of all station tunnels and associated works at the respective sites and forms an integral part of the wider project.
All four businesses in the BBMV joint venture have a solid record of delivering major infrastructure schemes in London and throughout the world and will jointly provide the full range of skills, resources and technical expertise required for this complex project.
Paul Smith, Chief Executive of Morgan Sindall Group plc, said:
"I am delighted that we have won this contract. The award demonstrates the Group's leading edge skills in tunnel engineering and the fact that we are part of a very strong joint venture which has extensive construction capabilities."
Ends
Notes to Editors:
Morgan Sindall Group
Morgan Sindall Group plc is a leading UK construction and regeneration group operating through four divisions of fit out, construction and infrastructure, affordable housing and urban regeneration, and an investment unit.
Construction and Infrastructure
Morgan Sindall plc is a UK construction, infrastructure and design business with a national network of local offices. We work for private and public sector customers on projects from £50,000 to over £500 million. Our activities range from small works and repair and maintenance, to the design and delivery of complex construction and engineering projects where we are able to provide specialist tunnelling, utilities, building, civil engineering and mechanical and electrical services. We operate across the commercial, defence, education, energy, healthcare, industrial, leisure, retail, waste, water and transport sectors.
ENQUIRIES:
Morgan Sindall Group plc Tel: 020 7307 9200
Paul Smith, Chief Executive
David Mulligan, Finance Director
Blythe Weigh Communications Tel: 020 7138 3204
Tim Blythe Mobile: 07816 924626
Paul Weigh Mobile: 07989 129658
This information is provided by RNS
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