Contract

RNS Number : 5799W

Galliford Try PLC

28 April 2016

 

GALLIFORD TRY ANNOUNCES URBAN VISION EXTENSION AND FRAMEWORK SUCCESS

Galliford Try plc, the housebuilding and construction group, announces that its Infrastructure division has, in joint venture with Capita, extended its Urban Vision partnership with Salford City Council and has additionally been appointed to two new frameworks in the north east of England.

Firstly, Galliford Try has in joint venture with Salford City Council and Capita secured a three-year extension to the Urban Vision partnership worth up to £90 million in total, of which Galliford Try anticipates seeing revenues of £30 million.

Urban Vision was formed in 2005 to provide technical services to Salford City Council in areas including property, regulatory planning, engineering infrastructure, and design and highway operations planning. Galliford Try's role in the partnership is to provide highways maintenance services. The framework has now been extended to its full 15-year term which will run until 2020.

Secondly, Galliford Try has been appointed to a new infrastructure services framework worth a total between £900 million and £1.2 billion over four years, for the North East Purchasing Organisation (NEPO) which represents 12 local authorities in the region. Galliford Try has been allocated to five lots namely infrastructure works above £5 million, highways work above £5 million, marine and coastal works above £1 million, highways structures above £5 million and public realm works above £1 million.

Finally, Galliford Try has also been appointed to the civil engineering framework operated by South Tyneside Council which is anticipated to generate about £20 million of business over its three-year term.

Peter Truscott, Chief Executive of Galliford Try, said: "These awards demonstrate the breadth and versatility of the service provided by our Infrastructure division and, in particular, the strength of our Highways and Environmental businesses. We look forward to working with all the partners involved to make a high quality contribution to the infrastructure of the North West and North East."

Galliford Try -                 Peter Truscott, Chief Executive               01895 855001

                                    Graham Prothero, Finance Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the financial year to 30 June 2015, the Group generated revenues of £2.3 billion.   

 

END

 

 

CNTDDLFLQZFEBBD