Re Contract

RNS Number : 3767F

Balfour Beatty PLC

12 January 2010

 



12 January 2010

BALFOUR BEATTY AWARDED AMP 5 CONTRACTS 

WORTH APPROXIMATELY £600 MILLION

Balfour Beatty, the international infrastructure group operating in construction services, professional services, support services and infrastructure investments, announces today that it has been awarded two AMP 5 capital programme contracts worth in the region of £600 million in total:

• United Utilities has appointed Balfour Beatty for its AMP 5 infrastructure contract. The total value of the five-year contract is likely to be worth in the region of £500 million, covering capital delivery for United Utilities throughout North-West England as part of United Utilities' AMP 5 long-cycle contract. 

• Balfour Beatty has also secured a five-year extension, likely to be worth over £100 million in total, to its existing alliance partnership contract with Anglian Water.  The extension is part of the @one Alliance £1 billion AMP 5 programme and covers the whole of Anglian Water's region in the East of England.

Commenting on these awards today, Balfour Beatty Chief Executive, Ian Tyler, said:

"We are delighted to have secured these AMP 5 capital programme contracts.  We look forward to working closely with our customers and drawing on our skills and experience to deliver first-class customer service, excellent health and safety management and innovative ways of working."

The scope of the work for United Utilities involves the delivery of clean water and wastewater major projects and DG5 flood alleviation schemes.

The extension to the alliance with Anglian Water will add further to Balfour Beatty's already substantial capability in alliance working.  The contract comprises design and construct operations, asset and mains renewal, service connections and the repair of sewerage infrastructure.

Both contracts will commence in April 2010.

- ENDS -

Analyst/Media enquiries to:

Duncan Murray

Tel: [phone]

www.balfourbeatty.com

Notes to Editors:

1.

Balfour Beatty is one of the UK's largest utility solutions providers, with a strong position in international power markets. It works across the water, wastewater, gas and power sectors, providing a range of services that contribute to the development, design, construction and maintenance of essential utility assets.  Its customers include many major utility companies such as National Grid, Centrica, EDF, Scottish Power, E.ON and RWE, several of the UK's regional water companies and utility network owners in Australasia and North America. Balfour Beatty was selected as an alliance partner for the delivery of South West Water's K5 Capital Programme, worth in excess of £100 million, in August 2009.  Work begins in April 2010, with the alliance delivering clean water and wastewater projects across Devon and Cornwall.

2.

Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group operating in construction services, professional services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, the US, South-East Asia and the Middle East, who value the highest levels of quality, safety and technical expertise. Our 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).  We deliver services essential to the development, creation and care of these infrastructure assets including investment, project design, financing and management, engineering and construction, and facilities management services. Balfour Beatty employs more than 50,000 people around the world.

 

END

 

 

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