Business
SEA awarded contracts
SEA awarded contracts.
About this update from Cohort Plc
[{"type":"text","content":"\n Cohort PLC\n15 January 2008\n\n\n15 January 2008\n\n\n COHORT PLC\n\n SEA awarded over £5.5M TfL and Network Rail contracts\n\n\nCohort plc, a leading independent technical services business, is pleased to\nannounce that its subsidiary company, SEA Group, has been awarded contracts from\nTransport for London (TfL) and Network Rail with a combined value in excess of\n£5.5 million.\n\n\nTfL's 4-year Framework contract (initially valued at over £3.5M) is for the\ndesign, development, roll-out and operation of a new Digital Traffic Enforcement\nSystem (DTES). DTES will replace TfL's current analogue traffic enforcement\nsystem and reduce the cost of collecting, processing and storing evidence of bus\nlane, parking and red route infringements, whilst improving the quality and\nreliability of future enforcement operations. With the introduction of the\nTraffic Management Act (2004) concerning the decriminalisation of moving traffic\noffences, (due to become law in Spring 2008), there is the potential for\ndeployment of the DTES technology by other Local Authorities around the country.\n\n\nThe Network Rail contracts (circa £2M) are for a Signal Sighting Asset Data\nStore (SSADS) and the automation of Signallers Forms (SF). SSADS will enable\nNetwork Rail to improve the management of signal assets condition assessments\nand the planning of signalling renewals. SF will provide Network Rail with a\nmore effective means of capturing, storing and disseminating information between\nSignallers and other Operational third parties. Both contracts will run for a\nperiod of 12 months.\n\n\nNick Prest CBE, Chairman of Cohort plc, commented: 'This is a good start to\n2008. We are delighted to have been awarded these important contracts from two\nsuch prestigious clients. They consolidate our position and provide an excellent\nbasis for further opportunities and developments within the Transport market.'\n\n\nFor further information, please contact\n\n\nCohort plc 01491 843150\n\nStanley Carter, Chief Executive\n\nSimon Walther, Finance Director\n\n\nInvestec 020 7597 5970\n\nMichael Ansell\n\n\nHogarth Partnership Limited 020 7357 9477\n\nJulian Walker, Andrew Jaques, Vicky Watkins\n\n\n\nNOTES TO EDITORS\n\n\nCohort plc (www.cohortplc.com)\n\n\nCohort is a defence technical services group. It operates through three\nwholly-owned subsidiari...