Costain Skanska JV wins Cross

RNS Number : 3229M

Costain Group PLC

21 May 2010

 



Costain Group PLC

("Costain")

Costain Skanska JV awarded second Crossrail contract

Costain, in joint venture with Skanska, announces that it has been awarded a second contract by Crossrail, as part of its enabling works framework, for the construction of the Pudding Mill Lane Portal.

The value of the contract is similar in size and scope to the Royal Oak portal previously announced in March.

Pudding Mill Lane Portal, which is close to Stratford and adjacent to the existing DLR, overland railways and the Lea River, will act as the transition ramp for Crossrail trains when entering and exiting the north east section of the central London tunnels.

Work will begin immediately and is scheduled for completion in summer 2011.

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

"To have secured another contract on Crossrail so soon after the Royal Oak contract is excellent news for Costain and reflects our recognised skills and capabilities in this arena. Crossrail will be one of the greatest engineering projects seen in the UK for some time and we are delighted to be playing a major early role in its delivery."

21 May 2010

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

Notes to Editors

Costain is an international engineering and construction group with a reputation for technical excellence founded on more than 140 years of experience. The Company's business segments are in Infrastructure (Highways, Rail, Nuclear and Airports), Environment (Water, Waste and Marine), Community (Health, Education and Retail), Energy & Process and Property Development.

The Company is focused on market sectors where it expects there to be a significant investment over the next few years and where it can build and maintain strong positions.

It has worked on a number of significant infrastructure projects in the UK, including the St Pancras railway station and the Channel Tunnel Rail Link, and is currently working on a number of significant projects including the municipal waste treatment infrastructure for the Greater Manchester Waste Disposal Authority and EVAP D at Sellafield, one of the largest nuclear projects in the UK.

For further information please visit the company website: www.costain.com

 

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