Re Contract

RNS Number : 2916J

Balfour Beatty PLC

29 March 2010

 



BALFOUR BEATTY SECURES SUPPORT SERVICES

CONTRACTS WORTH £200 MILLION

Balfour Beatty, the international infrastructure group, announces today that it has been awarded support services work valued at approximately £200 million from the Highways Agency, Yorkshire Water and Anglian Water.

The Highways Agency has awarded Balfour Beatty, in joint venture, a further one-year extension to its Area 2 Enhanced Managing Agent Contractor (EMAC) contract, covering the strategic motorway and trunk road network in the South West region.  The one-year extension is worth approximately £70 million and extends the contract to June 2012.

The initial £400 million Area 2 EMAC (Enhanced Managing Agent Contractor) contract was awarded in late 2004 and covers operations, maintenance and improvement schemes for part of the strategic road network, as well as maintenance of technology assets for the whole of the region.

Yorkshire Water has awarded Balfour Beatty a contract for the investigation, design and build of its water networks in the southern area of Yorkshire Water's remit.  The contract, which will commence in April 2010 under the AMP5 capital programme, is for five years and is worth £70 million, with an option for a five-year extension.

Anglian Water has awarded Balfour Beatty its water networks repair and maintenance with developer services contract.  The three-year contract, which will commence in April 2010, is worth £60 million, with an option for a two-year extension and covers an extensive area from the Humber Bridge to Dunstable, including Lincoln, Grimsby, Grantham, Peterborough, Northampton and Milton Keynes.

Balfour Beatty will work with Anglian Water's network operational staff to improve the network. This is the first repair and maintenance contract that Anglian Water has awarded Balfour Beatty and will enable the two organisations to develop new ways or working which will help drive further efficiencies within the partnership.

Balfour Beatty Chief Executive, Ian Tyler, said:

"Anglian Water, Yorkshire Water and the Highways Agency are long-term customers and we are delighted to be deepening our relationship further with them on these contracts."

These latest contract awards from Anglian Water and Yorkshire Water follow the announcement in January 2010 of the award of two AMP5 capital programme contracts by Anglian Water and United Utilities, worth in the region of £600 million in total.

ENDS

Analyst/media enquiries:

Duncan Murray

Tel No. 020 7216 6865

www.balfourbeatty.com

 

 

Notes to Editors:

1.	Balfour Beatty's revenue from support services in 2009, including share of joint ventures and associates, exceeded £1.4 billion.
2.	Balfour Beatty is one of the UK's largest utility solutions providers, with a strong position in international power markets.  We work across the water, wastewater, gas and power sectors, providing a range of services that contribute to the development, design, construction and maintenance of essential utility assets.  Our customers include many major utility companies such as National Grid, Centrica, EDF, Scottish Power, E.ON and RWE, several of the UK's regional water companies and utility network owners in Australasia and North America.
3.	Balfour Beatty is a leading provider of highways maintenance and asset management. We offer a unique service that combines our well-established highway network maintenance skills with a range of professional services including planning and strategic advice, project and programme management and highway design.
4.	Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group operating in professional services, construction services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise. Our key infrastructure markets include transportation (roads, rail and airports);social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure, retail and mining). We deliver services essential to the development, creation and care of these infrastructure assets including investment, project design, programme management, financing, engineering and construction, and facilities management services. Balfour Beatty employs more than 50,000 people around the world.

 

END

 

 

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