Contract Win

RNS Number : 6334L

Balfour Beatty PLC

06 September 2012

 



6 September 2012

Balfour Beatty Selected for £288m Magnox Framework Contract

Balfour Beatty, the international infrastructure group, has been selected as one of two companies on a £288 million framework for the delivery of construction, infrastructure and maintenance projects across all 10 sites operated by Magnox on behalf of the Nuclear Decommissioning Authority.

The framework is expected to be worth up to £30 million per annum, initially for five years with options to extend up to a further five years.

This work will complement a broad portfolio of multi disciplined activities, including executing major projects, already being undertaken by Balfour Beatty at UK Licensed Nuclear Sites. Similarly, it underpins Balfour Beatty's drive to increase its involvement in power related markets.

Balfour Beatty Chief Executive, Ian Tyler, said:

"We are delighted to have been selected by Magnox as part of this important framework. Our role in the framework highlights Balfour Beatty's strengths in the design, delivery and maintenance of infrastructure assets in the power sector. We look forward to working with Magnox."

The project work includes the design, construction and maintenance of permanent buildings and structures, infrastructure maintenance and extension works incorporating construction, civil engineering and ground works projects.

ENDS

Analyst/investor enquiries:

Basak Kotler

Balfour Beatty plc

Tel [phone]

Media enquiries:

Louise McCulloch

Balfour Beatty

Tel [phone]

Notes to Editors:

1.   Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group with capabilities in professional services, construction services, support services and infrastructure investments.

We work in partnership with our customers principally in the UK, continental Europe, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise.

Key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail).

The Group delivers services essential to the development, creation and care of these infrastructure assets including project design, financing and management, engineering and construction, and facilities management services.

Balfour Beatty employs 50,000 people around the world.

 

END

 

 

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