Carillion PLC
05 March 2007
5 March 2007
Carillion awarded 20-year M40 contract worth £100m
Support services and construction company Carillion has won a 20-year contract
for the maintenance of the M40 between the M25 and Warwick, worth around £100
million.
The contract has been awarded by UK Highways, which has a 30-year concession
with the Highways Agency to operate and maintain this sector of the M40.
Carillion has been the maintenance provider for the first 10 years of the
concession.
The new contract includes network management, safety inspections, cyclical and
routine maintenance, accident and emergency response, third party claims and
Winter maintenance.
Carillion's chief executive John McDonough said: 'We are delighted to have been
awarded this enhanced and extended contract, which further strengthens our
portfolio of long-term road maintenance contracts. This will enable us to
continue to build on the investment we have made in providing a high quality
service for road users.'
For further information contact John Denning, Director Group Corporate Affairs:
01902 316384.
This information is provided by RNS
The company news service from the London Stock Exchange
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