Business
Costain wins Bond Street tube
Costain wins Bond Street tube.
About this update from Costain Group Plc
[{"type":"text","content":"\n RNS Number : 7422Q Costain Group PLC 09 August 2010 \n \n\nCostain Group PLC \n(\"Costain\")\n\nCostain awarded Bond Street tube station upgrade contract\n \nCostain announces that it has been awarded, in joint venture with Laing O'Rourke, a £130 million construction contract to redevelop the London Underground's Bond Street tube station in central London. The total cost of redeveloping Bond Street tube station is in the region of £300 million.\n \nThe contract was awarded by Transport for London (TfL) and is part of London Underground's Tube Upgrade Programme. The expanded tube station will join with the new Crossrail station at Bond Street to form one overall station.\n \nMore than 155,000 passengers currently use Bond Street tube station every day, a figure that is expected to rise to over 225,000 with the arrival of Crossrail in 2017. \n \nThe work will focus on the north side of London's retail hub Oxford Street to boost capacity and create step free access to the station. Work is due to begin in the autumn.\n \nAndrew Wyllie, the Chief Executive of Costain, said: \n \n\"We are delighted to have been awarded this contract in the heart of central London, which further builds on our two recent contracts with Crossrail and again demonstrates our skills and capabilities in this area.\"\n \n \n9 August 2010\n \n \n\n\n\n\nENQUIRIES:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCostain Group PLC\n\n\nTel: 01628 842 444\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, one of the UK's leading construction and engineering companies, 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 \nThe Costain origins date back to 1865. Since then the Company has featured in some of the world's major construction projects inc...