Business
Six-year framework contract award
Six-year framework contract award.
About this update from Costain Group Plc
[{"type":"text","content":"\n \nRNS Number : 5555G Costain Group PLC 07 November 2018 \n\n \n7 November 2018\n \nCostain Group PLC\n(\"Costain\" or \"the Group\" or \"the Company\")\n \n \nCostain awarded six-year framework contract by Highways England\n \nCostain, the smart infrastructure solutions company, has been awarded a six-year framework contract by Highways England under the new partnership to deliver the Regional Investment Programme ('RIP') during Road Period 1 (2015-2020) and Road Period 2 (2020-2025).\n \nUnder the framework, Costain has been appointed as Delivery Integration Partner in the North Region & in the East Region covering the full lifecycle of the projects including development, design and complex delivery.\n \nThe combined value to Costain is expected to be c. £1.5 billion over the period of the framework. \n \nThe RIP will change the way schemes are delivered on the strategic road network moving to a longer-term, integrated approach to support Highways England in their ongoing transformation. \n \nThe work to be delivered under the framework is part of Highways England's ongoing objectives to improve safety, increase capacity and to improve the user experience across its network.\n \nCostain brings significant expertise in the management of complex project delivery and a focus on technology and innovation, which will support the key objectives outlined by Highways England in its Strategic Business Plan for 2015-2020.\n \nAndrew Wyllie CBE, chief executive, commented:\n \n \"I am delighted that Costain has been successful in securing this partnership, building on our longstanding strategic relationship with Highways England. We look forward to bringing our expertise in management of complex investment programmes to support Highways England with its ambitions for this framework.\"\n \nUnder Tranche 1 of the framework, Costain is working with Jacobs as a strategic partner to design and deliver the following schemes:\n \n- A1 Scotswood to Brunton\n- A1 Birtley to Coalhouse\n- A1 in Northumberland\n- A12 Chelmsford A120 Widening\n \nTranche 2 schemes will be announced during the course of the framework and following the finalisation of the second Road Investment Strategy (RIS2).\n \n \nEnquiries:\n \n\n\n\nCostain\n\n\nTel: 01...