Serco Group PLC
28 March 2001
Wednesday, 28th March 2001
Wednesday, 28th March 2001
See below
Serco Group plc ('Serco')
Awarded Major Road Traffic Management Contract
Serco is pleased to announce The Highways Agency has awarded it the £160m
contract for its national Traffic Control Centre (TCC) Project.
The Public Private Partnership with the Agency will improve the quality of
information available to road users by introducing technology that will assist
them in making travel and transport choices, thus resulting in a better match
between demand and road capacity.
The contract is for a period of 10 years and comprises a 29 month design and
build phase followed by a seven year seven month management and operation
contract.
A special purpose company known as Traffic Information Services (TiS) Ltd,
wholly owned by Serco, has been established to deliver the project. Halcrow
Group Ltd is supporting Serco with the provision of traffic engineering
expertise.
Commenting on the award, Kevin Beeston - Serco's Chief Executive said:
'The award of the TCC Project further adds to our expanding range of services
with the UK and overseas governments and specifically with The Highways Agency
in managing intelligent road systems and draws on our long experience in the
integration of systems and service solutions.'
- Ends -
Notes to Editors
Serco Group plc is an international provider of management services to
government and industry, covering a comprehensive range of engineering and
support activities across many applications.
Richard White - Executive Chairman
Kevin Beeston - Chief Executive
Chris Hyman - Finance Director
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