Alliance

Galliford PLC
23 May 2000


Galliford Selected as a £90 million Strategic Partner for

Hyders Investment Programme
 
 
 
Over the next five years, six strategic partners will be carrying out various
engineering projects on behalf of Hyder to further improve Wales's water and
sewerage infrastructure. With a total value of over £600m, Galliford PLC will
handle £90m of capital improvements in North Wales. 
 
Hyder has extended its partnering approach to major works by giving the six
companies responsibility for delivering whole sections of the investment
programme instead of awarding numerous smaller contracts. 
 
Hyder's capital manager Calvin Snook said: 
 
'Choosing six strategic partners to deliver whole areas of our investment
programme will improve overall project management and produce further
benefits through economies of scale and supply chain management.' 
 
'We have let large engineering contracts for many years, but in the past they
have tended to be for an individual project. Developing our partnering
approach in this way, consolidating areas of activity will deliver best value
to Hyder and our customers.' 
 
The partners were chosen for their proven track records in delivering water
industry investment schemes, extensive experience in successful partnering
projects and for their innovative approach and range of skills and resources. 
 
The work involves renewal of the sewage treatment works and construction of
improvements to combined sewer overflows. 
 
George Marsh, Galliford Chief Executive said: 
'We are delighted with the award which builds on our previous partnering
experience with Hyder.' 
 
 
 
For further information contact: 
George Marsh 
Chief Executive 
Galliford PLC 
Tel: [phone] 
www.galliford.co.uk