Re Contract

RNS Number : 5616J

Galliford Try PLC

18 July 2013

 



GALLIFORD TRY SECURES FRAMEWORK WITH YORKSHIRE WATER WORTH AN ANTICIPATED £110 MILLION

Galliford Try plc, the housebuilding and construction group, announces that its infrastructure business has, in joint venture with AECOM Design Build, been appointed by Yorkshire Water to continue as a contractor for its AMP6 framework. The framework will commence in 2015 and run until 2020.

The appointment is anticipated to be worth at least £110 million to Galliford Try, being similar in value and scope to the AMP5 contract currently underway.

The first framework stream comprises medium treatment works, involving capital projects on sewerage and water treatment plants, worth an expected £75 million over the framework period. An additional stream comprises other installation projects worth an expected £35 million.

Also included in the framework is the large schemes stream. Across AMP5 four contractors have secured projects with a combined value of £320 million through this workstream. The larger schemes are expected be tendered individually by Yorkshire Water between each of the appointed AMP6 contractors.

Greg Fitzgerald, Chief Executive of Galliford Try plc, commented:  "We are delighted to further extend our long-standing relationship with Yorkshire Water as one of its joint venture partners, delivering improvements to water infrastructure for its customers.  This appointment is an early and significant step in the renewal of our framework agreements with our key water clients and reinforces our position as one of the sector's leading contractors."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive              01895 855001

Graham Prothero, Finance Director

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 across the South and South East of England.  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 2012, the Group generated revenues of £1.5 billion.

 

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