Carillion PLC Carillion JV awarded smart motorway contracts (6668T)
July 22 2015 - 2:00AM
UK Regulatory
TIDMCLLN
RNS Number : 6668T
Carillion PLC
22 July 2015
22 July 2015
Carillion Joint Venture awarded smart motorway contracts worth
some GBP475 million
Carillion, in Joint Venture with Kier, has been awarded a
contract by Highways England for a package of smart motorway works
that have an estimated value of up to approximately GBP475
million.
This latest package involves the transformation of four sections
of motorway in England into smart motorways, namely the M6 between
Junctions 16 and 19 and the M6 between Junctions 13 and 15, on the
M20 between Junctions 3 and 5 and on the M23 between Junctions 8
and 10.
Smart motorways use a range of innovative technologies and
operating procedures, to monitor and control traffic flow actively.
This includes variable mandatory speed limits and converting the
hard shoulder to an extra traffic lane to reduce congestion and
improve journey times and safety.
The Joint Venture is one of the Highways Agency's three delivery
partners for the Smart Motorway Programme (SMP) and this latest
award follows Carillion's successful role as a delivery partner for
six similar schemes across the motorway network in England. This
latest package will also be managed through a collaboration
agreement under which the delivery partners will be able to share
knowledge and best practice. Work on the first tranche of the
package, M6 Junctions 16 to 19, is scheduled to begin in the Autumn
of this year and the contract for this scheme is worth GBP129.5
million. The other tranches of the package are phased for delivery
over the next four years and final target costs for these schemes
will be agreed with Highways England.
Commenting, Carillion Chief Executive, Richard Howson, said: "As
a leading supplier to Highways England, we are delighted to have
been awarded this latest contract for the smart motorway programme.
We look forward to continuing our strong relationship with Highways
England to improve journey times and safety on the M6, M20 and M23
motorways".
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 2014 of some GBP4.1 billion, employs around 42,000 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
END
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