Contract Award

RNS Number : 2269H

Costain Group PLC

25 May 2011

 



COSTAIN GROUP PLC

("Costain")

Costain secures in excess of £100m of additional work in the water sector

Costain, one of the UK's leading construction and engineering solutions providers, is pleased to announce that it has been instructed to undertake two major water contract extensions.

Firstly, Costain, as part of the Costain, Galliford Try and Atkins joint venture, has been instructed to undertake £200m worth of work by United Utilities to upgrade and extend Sandon Dock sewage treatment works in Liverpool.

The project is part of the Asset Management Programme 5 ("AMP5") with United Utilities and will be progressed through the existing process alliance framework.

The scheme involves extending the current treatment works into the adjacent dock along with major upgrade works to the existing plant all of which will improve the quality of the final effluent in line with discharge consents set by the Environment Agency.

Furthermore, Costain is pleased to announce a further extension to its AMP5 contract with Severn Trent Water ("Severn Trent") worth around £45 million.

Working in partnership with Severn Trent and other non-infrastructure contractors, a programme of major schemes to a value of £187 million has been agreed and will include the provision of wastewater schemes for Costain to design and build.

Commenting on the contract awards, Andrew Wyllie, Chief Executive of Costain, said:

"We are delighted to have secured these two contracts, which demonstrate the UK water industry's continued investment in infrastructure, and help us build on our market leading position in the water sector."

25 May 2011

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Graham Read, Communications Director
College Hill	Tel: [phone]
Mark Garraway
Helen Tarbet

Notes to Editors

Costain is one of the UK's leading construction and engineering companies and is currently at the forefront of the drive to develop and improve the nation's infrastructure.

In its targeted sectors, Costain is playing a major role in the provision of new facilities for a range of sectors ranging from waste to transport. The Company's strategy is entitled 'Choosing Costain'  and everyone in the organisation is committed to making Costain the automatic choice in terms of both business and technical excellence.

Costain's origins date back to 1865. Since then the Company has featured in some of the world's major construction projects including the Channel Tunnel. Now the Company focuses on specific sectors within three divisions: Infrastructure - Highways, Rail, Airports and Nuclear sectors; Environment - Water, Waste, Marine and Education sectors; Energy & Process - Nuclear Process, Power and Hydrocarbons & Chemicals sectors.

Costain has a strong order book. Significant contract awards include the £397 million contract (design, construction and commissioning of 44 different facilities) for the Greater Manchester Waste Disposal Authority. In addition, Costain has won (as part of the 4D consortium) a £225 million contract with Southern Water to manage the design and build of a new waste water treatment works in the Brighton and Hove area. Costain is also heavily involved in the Nuclear sector and, in the Summer of 2009, announced the award of a £297 million contract for full Engineering, Procurement, Construction and Inactive Commissioning of the Evaporator D project at Sellafield.

The Company's status was underlined at the Construction News 2009 Quality Awards when Costain won the Supreme Award for best overall performance. More recently, the Company was named 'Contractor of the Decade' by New Civil Engineer at the magazine's annual awards in London in August 2010.

 

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