Costain Group PLC Appointment to £500m Major Projects Framework (3791T)

TIDMCOST

RNS Number : 3791T

Costain Group PLC

05 January 2017

5 January 2017

Costain Group PLC

("Costain" or "the Group")

Costain wins place on TfL's new GBP500m Major Projects Framework

Costain, the engineering solutions provider, has secured a place on Transport for London's Surface Transport Major Projects Framework (the 'Framework'), which covers the delivery, upgrade and maintenance of bridges, tunnels and highways across London.

Costain is one of three suppliers for the four-year Framework, which is valued at up to GBP500m in total, and includes design, planning and complex project delivery work. The Framework may be extended by two years at TfL's discretion.

During a previous Framework Costain carried out the strengthening of the Hammersmith Flyover, a highly complex project which was delivered ahead of schedule.

Andrew Wyllie CBE, Chief Executive of Costain commented:

"We are delighted that TfL has again chosen Costain as a delivery partner for the Major Projects Framework. It is a reflection of our strong track record in applying innovative techniques in highways."

Enquiries:

 
 Costain                           Tel: [phone] 
 Andrew Wyllie CBE, Chief 
  Executive 
 Tony Bickerstaff, Finance 
  Director 
  Sara Lipscombe, Communications 
  Director 
 Catherine Warbrick, Investor 
  Relations Director 
 
 Instinctif Partners               Tel: [phone] 
 Mark Garraway 
 Helen Tarbet 
 James Gray 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 05, 2017 02:01 ET (07:01 GMT)