Carillion PLC HA Collaborative Delivery Framework (5323W)

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RNS Number : 5323W

Carillion PLC

10 November 2014

Carillion appointed to Highways Agency's Collaborative Delivery Framework through which the Agency plans to invest GBP5 billion

Carillion has been selected by the Highways Agency as one of five contractors that will deliver highway schemes with values between GBP100 million and GBP450 million, which form part of the HA's Collaborative Delivery Framework (CDF).

The CDF, under which the Agency plans to invest some GBP5 billion in England's motorways and major A roads over the next five years, is the largest framework the Agency has ever awarded and will allow the Agency to deliver large scale improvements to strategic roads, enabling economic growth across the country.

Of the GBP5 billion of planned investment, approximately GBP2.7 billion will be spent on schemes valued at between GBP100 million and GBP450 million. As one of five contractors appointed to deliver these schemes, Carillion expects to generate up to some GBP500 million of revenue from the Framework over the five year period.

Carillion is the leading trainer of apprentices in its sector, with up to 2,000 apprentices in training at any one time, and our appointment to this framework is expected to create a substantial number of new apprenticeship opportunities.

Commenting, Carillion Chief Executive, Richard Howson, said: "We are delighted to have been selected to deliver the largest category of contracts under the Highway's Agency's new Collaborative Delivery Framework, which is consistent with our selective approach of focusing on large contracts and long-term customers. We look forward to continuing the strong partnership we have developed with the Agency to deliver this important programme."

Notes to Editors

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2013 of some GBP4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada.

The Group has four business segments.

Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.

Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.

Middle East construction services - this includes building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

For more information

John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 316426

Finsbury

James Murgatroyd or Gordon Simpson +44 (0) 207 2513801

This information is provided by RNS

The company news service from the London Stock Exchange

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