Re Contract

RNS Number : 1264R

Galliford Try PLC

09 September 2014

 



GALLIFORD TRY APPOINTED TO £250 MILLION NETWORK RAIL FRAMEWORKS

Galliford Try plc, the housebuilding and construction group, announces that it has been appointed to deliver building enhancements and property improvements across three of Network Rail Infrastructure Project's Control Period 5 (CP5) Frameworks, which are valued at up to £250 million over the next five years.

The framework appointments were awarded to Galliford Try's recently acquired Miller Construction and will see the delivery of building projects, including new stations, station enhancements, platform extensions, depots, office buildings and property refurbishments projects in the Central Region East Midlands route, covering London St Pancras to Sheffield and the London Northwest-North route, covering Crewe to Carlisle and including Liverpool and Manchester. In addition, it has been appointed to deliver property improvements as part of the SNE Region Renewals Collaborative Delivery Programme on the London Northeast route between London Kings Cross and Berwick-upon-Tweed.

The Group will work in collaboration with Network Rail and other contractors appointed to deliver Civil and Railway Engineering solutions in these frameworks. The five to six year agreements with Network Rail took effect in August 2014 and will be delivered as part of CP5, which runs from 2014 to 2019, and they have the option of being extended to the end of Control Period 6 in 2024.

Galliford Try Chief Executive Greg Fitzgerald commented: "These major framework wins highlight one of the compelling reasons that we acquired Miller Construction. This appointment represents a key opportunity for us to grow our business in this sector and we look forward to working with Network Rail to provide high quality new facilities across the selected routes."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive 01895 855001

                                    Graham Prothero, Finance Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes and Galliford Try Partnerships brands - sells distinctive homes to the public and affordable homes to housing associations and local authority providers.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2013, the Group generated revenues of £1.5 billion.

On 9 July 2014 Galliford Try acquired Miller Construction.  Miller Construction is a UK construction business which delivers building and infrastructure projects to both the public and private sectors. In the year to 31 December 2013, Miller Construction reported revenue of £409 million.

 

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