Re Contract

RNS Number : 4788R

Galliford Try PLC

12 September 2014

 



GALLIFORD TRY SECURES FRAMEWORKS WITH SOUTHERN WATER WORTH A TOTAL OF £430 MILLION

Galliford Try plc, the housebuilding and construction group, announces that its infrastructure business has, through its joint ventures, been appointed by Southern Water as a Delivery Partner for its AMP6 framework.

The total contract value is £430 million and the appointment is anticipated to be worth approximately £215 million to Galliford Try. The design and build framework will commence in 2015 and run until 2020, with an option to extend a further five years to 2025.

Galliford Try has secured one of two process lots in a joint venture, called GTM, with Imtech and supported by strategic design partner Atkins. The majority of the work on the secured process lot, worth up to £250 million, will focus on water supply and wastewater treatment works.

Galliford Try has also secured both the water and wastewater network lots in a joint venture, called MGjv, with Morrison Utility Services and supported by strategic design partner AECOM. The lots, worth up to £180 million, involve upgrades to water supply and wastewater pipelines and pumping stations.

Greg Fitzgerald, Chief Executive of Galliford Try plc, commented:  "We are delighted to have secured such a substantial amount of long-term business. We look forward to working again with Southern Water and bringing the benefit of our experience of collaboration across the UK water sector to the company and its customers."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, 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 and Galliford Try Partnerships brands - 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 last financial year to 30 June 2013, the Group generated revenues of £1.5 billion.

On 9 July 2014 Galliford Try acquired Miller Construction.  Miller Construction is a UK construction business which delivers building and infrastructure projects to both the public and private sectors

 

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