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Morgan Sindall JV secures ?136m M62 contract
Morgan Sindall JV secures ?136m M62 contract.
About this update from Morgan Sindall Group Plc
[{"type":"text","content":"\n \nRNS Number : 2618K Morgan Sindall Group PLC 13 July 2011 \n \n\n \n13 July 2011\nMorgan Sindall JV secures £136 million M62 contract\n \nMorgan Sindall Group plc, the construction and regeneration group, today announces that the bmJV joint venture, in which Morgan Sindall, its construction and infrastructure division, and BAM Nuttall each hold a 50 per cent stake, has been awarded a £136 million contract to upgrade the M62 motorway to alleviate traffic congestion.\n \nThe contract is part of the Highways Agency's four-year National Major Projects Framework to deliver Managed Motorways across England. bmJV secured a place on the £2 billion framework in February 2010.\n \nThe M62 works will take place between junctions 25 and 30. Work will include adapting sections of the hard shoulder with resurfacing and drainage improvements for use as either permanent or peak period additional lanes.\n \nWork is due to start in the last quarter of 2011 and to be completed in 2013-14.\n \nPaul Smith, Chief Executive of Morgan Sindall Group plc, said:\n \n\"This award underlines our strength in the highways sector, where we have an excellent track record and are already delivering a range of projects to modernise the motorway network in the UK.\n \n\"It also highlights the value of securing positions on major frameworks, which help to provide visibility and security of earnings.\" \n \nENDS\nNotes to Editors:\n \nMorgan Sindall Group\nMorgan Sindall Group plc is a leading UK construction and regeneration group with revenue of over £2 billion and which operates through five divisions of construction and infrastructure, affordable housing, fit out, urban regeneration and investments.\n \n \nMorgan Sindall \nMorgan Sindall is a UK construction, infrastructure and design business with a national network of offices. The company works for private and public sector customers on projects from £50,000 to over £500 million. Activities range from small works and repair and maintenance, to the design and delivery of complex construction and engineering projects where it is able to provide specialist design, tunnelling, utilities, building, civil engineering and mechanical and electrical services. The company operates across the commercial, defence, education, energy, healthcar...