Re Contract

RNS Number : 0011O

Galliford Try PLC

12 September 2011

 



GALLIFORD TRY SELECTED ON FRAMEWORKS TOTALLING £350 MILLION

Galliford Try, the housebuilding and construction group, announces its appointment to frameworks in the environmental, highways and affordable housing sectors.

£30 MILLION ENVIRONMENT AGENCY EXTENSION

Galliford Try announces the further extension of its framework with the Environment Agency to manage part of its flood defence, waterways and water resources capital works programme in England and Wales.

Galliford Try will be one of six core contractors engaged on the framework and expects to secure approximately £30m worth of work during the extension which will last until March 2013. Galliford Try was initially appointed to the framework in May 2007. Three schemes are currently on site at Wakefield, Wigan and Banbury.

Greg Fitzgerald, Chief Executive of Galliford Try, commented:  "We are delighted to strengthen our relationship with the Environment Agency through this significant framework extension which we expect will provide a steady flow of work over the period."

£20 MILLION HIGHWAY MAINTENANCE WORK

Galliford Try announces its appointment to two Highway Maintenance contracts anticipated to be worth in excess of £20m over a four year term.

The first contract consists of three framework lots of re-surfacing, traffic management and carriageway markings work for an existing client, East Riding of Yorkshire Council. The second contract is for a new client, Stoke-on-Trent City Council, and covers highway maintenance minor works to carriageways, footways and structures.

Greg Fitzgerald, Chief Executive of Galliford Try, commented: "We are delighted to extend our partnership with East Riding of Yorkshire Council and to secure new business from Stoke-on-Trent City Council. These awards demonstrate the spread of our expertise in highways as part of our civil engineering business."

£300 MILLION A2 DOMINION FRAMEWORK

Galliford Try has been confirmed as one of the contractors on the new framework agreement for leading London-based housing association A2 Dominion.

The framework, which will deliver new affordable housing totalling over £300 million for the association, will run for four years. Galliford Try is one of 14 contractors for projects in the £5-10m bracket and one of nine contractors for projects worth £10m and upwards.

Galliford Try Chief Executive Greg Fitzgerald said: "Galliford Try has a long track record and a growing business in contracting for affordable housing registered providers.  We are delighted to have the opportunity of working with A2 Dominion as part of their new framework agreement."

For further enquiries:

GallifordTry -                              Greg Fitzgerald, Chief Executive                              01895 855001

                                                Frank Nelson, Finance Director

                                                Louise Mantio, Group Communications Director

Notes to editors

Galliford Try has annual revenues of £1.25 billion in housebuilding and construction.

The Group's construction order book is £1.75 billion.  £650 million is in building (covering health and education projects through to commercial buildings and sports facilities), £950 million in infrastructure projects (ranging from water, rail, highways and flood alleviation to renewable energy and land remediation) and £150 million in affordable housing contracting.

Galliford Try was recently awarded the £790 million Forth Road Crossing project in a four party consortium, £200 million of work for United Utilities on the Liverpool waste water treatment works and in joint venture with Home Group, was appointed preferred bidder on the £347 million Gateshead regeneration programme.

The Group's housebuilding business, Linden Homes, develops distinctive homes across the south and east of England.  It completed 2,170 homes in its last financial year, has a landbank of over 10,250 plots and is currently undertaking a significant programme of growth.

 

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