Business
Morgan Sindall led JV appoint
Morgan Sindall led JV appoint.
About this update from Morgan Sindall Group Plc
[{"type":"text","content":"\n RNS Number : 9076F Morgan Sindall PLC 21 January 2010 \n \n\nMorgan Sindall plc\n\n21 January 2010\n\nMorgan Sindall led JV appointed for £400 million\nThames Water tunnelling project\n\nFollowing the announcement on 21 December 2009 of its preferred bidder status, Morgan Sindall today announces that contracts have been signed and the MVB joint venture, comprising its infrastructure services business Morgan Est, VINCI Construction Grands Projets and Bachy Soletanche, has been appointed to deliver the Lee Tunnel for Thames Water. The project is worth over £400 million.\n\nMorgan Est has a 50 per cent interest in the JV, VINCI Construction Grands Projets has 30 per cent and Bachy Soletanche 20 per cent.\n\nThe project involves the construction of a seven metre internal diameter storage transfer tunnel, which is approximately 6,900 metres long, from Abbey Mills Pumping Station to Beckton Sewage Treatment Works. Works include the construction of two, 25 metre internal diameter shafts and one 20 metre shaft (two at Beckton and one at Abbey Mills) and a 38 metre diameter off-line Tideway Pumping Station Shaft. \n\nWork will start in April 2010 on the five-year project, which will help Britain comply with the Urban Waste Water Treatment Directive set by the European Union. \n\nPaul Smith, Chief Executive of Morgan Sindall plc, said:\n\n\"This is an excellent win for our infrastructure services division and builds on our relationship with Thames Water. The appointment underlines the strength and expertise which Morgan Est has in tunneling, an area where we have a market leading position.\n\nENDS\n\nENQUIRIES:\n \n\n\n\n\n\n \n\n\n \n\n\n\n\nMorgan Sindall plc\n\n\nTel: 020 7307 9200\n\n\n\n\nPaul Smith, Chief Executive\n\n\n \n\n\n\n\nDavid Mulligan, Finance Director\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nBlythe Weigh Communications\n\n\nTel: 020 7138 3204\n\n\n\n\nTim Blythe\n\n\nMobile: 07816 924626\n\n\n\n\nPaul Weigh\n\n\nMobile: 07989 129658\n\n\n\n\n\nNotes to Editors:\n\nMorgan Sindall plc is a top UK construction and regeneration group which operates through five divisions of fit out, construction, infrastructure services, ...