Business
Costain awarded airports cont
Costain awarded airports cont.
About this update from Costain Group Plc
[{"type":"text","content":"\n RNS Number : 6738A Costain Group PLC 04 February 2011 \n \n\nCOSTAIN GROUP PLC\n(\"Costain\")\n \nCostain awarded airports contracts \n \nCostain is pleased to announce it has been awarded two airport contracts. The first is an £18.6 million contract, as principal contractor, to refurbish Manchester Airport's main runway, Runway 1, under an existing Framework agreement. \n \nThe Runway 1 Project will continue through to September 2011 and the Airport will remain operational 24 hours a day during the runway closures period by utilising the 2nd runway.\n \nCostain has also been appointed by BAA as one of the suppliers for the Local Project Integrator (LPI) at London Heathrow, the world's busiest international airport. The contract, which is anticipated to have a value of approximately £8 million per annum, will run for up to four years and will commence in March 2011. This award builds on the success of similar contracts at Gatwick and Manchester Airports and the early completion of a £25 million interchange for Gatwick. \n \nCommenting on the contract awards, Andrew Wyllie, Chief Executive of Costain, said:\n \n\"We are delighted to have been awarded these contracts for Manchester and London Heathrow airports. The contracts represent significant investment in the UK's infrastructure and will help the airports meet the growing needs of passengers in the future.\"\n \n \n4 February 2011\n \n \n\n\n\n\nENQUIRIES:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCostain \n\n\nTel: 01628 842444\n\n\n\n\nGraham Read, Communications Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCollege Hill\n\n\nTel: 020 7457 2020\n\n\n\n\nMark Garraway\n\n\n\n\n\n\n\nAdam Aljewicz\n\n\n\n\n\n\n\n \n \nNotes to Editors\n \nCostain is one of the UK's leading construction and engineering companies and is currently at the forefront of the drive to develop and improve the nation's infrastructure.\n \nIn its targeted sectors, Costain is playing a major role in the provision of new facilities for a range of sectors ranging from waste to transport. The Company's strategy is entitled 'Choosing Costain' and everyone in the organisation is committed to making Costain the automatic choice in terms of both business and technical excellence.\n \nCostain's origins date back to 1...