Carillion PLC
15 April 2008
Date: 15 April 2008
Carillion joint venture secures £85 million maintenance contract for Highways
Agency
Carillion, the leading UK support services, Public Private Partnership project
and construction company, has secured a five-year Managing Agent Contractor
(MAC) contract for the Highways Agency with its joint venture partner, WSP,
worth £85 million.
The contract is for the maintenance of all motorways and trunk roads in Area 8
covering Hertfordshire, Bedfordshire, Cambridgeshire, Northamptonshire with
Milton Keynes and Luton Unitary authorities.
John McDonough, Carillion's chief executive said: 'We are committed to
supporting the Highways Agency in its mission to provide safe roads and reliable
journeys, whilst delivering continual improvement and substantial efficiency
gains.
'It is testament to this strong working relationship that Carillion has provided
road maintenance services in Area 8 for the past 10 years. We are therefore
delighted to have secured the new MAC contract, which means we will continue to
provide road maintenance services in this area for a minimum of five years.'
The contract, due to start in September 2008, will run until September 2013 with
the potential for two, one-year extensions through to 2015.
Carillion has a 60 per cent interest in the joint venture and WSP holds the
remaining 40 per cent.
The Northamptonshire element of Area 8 will move to Area 7 in June 2009.
Notes to editors
Carillion is one of the UK's leading support services, Public Private
Partnership project and construction companies. The Group has annual revenue of
around £5 billion, employs some 50,000 people and operates across the UK, in the
Middle East, Canada and the Caribbean.
In the UK, Carillion's principal market sectors are Defence, Education, Health,
Facilities Management & Services, Rail, Roads, Building, Civil Engineering and
Utilities Services.
In the Middle East, Carillion's principal market sectors are Construction and
Facilities Management. In Canada and the Caribbean, the Group's main sectors are
Health, Roads Maintenance and Construction.
Carillion has a substantial portfolio of equity investments in Public Private
Partnership projects, particularly in the Defence, Education, Health and
Transport sectors.
This and other Carillion news releases can be found at www.carillionplc.com
For further information:
John Denning, Carillion Corporate Affairs, 01902 316384.
This information is provided by RNS
The company news service from the London Stock Exchange
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