Carillion PLC Carillion JV selected to deliver £292m A14 upgrade (6314Z)
September 21 2015 - 3:46AM
UK Regulatory
TIDMCLLN
RNS Number : 6314Z
Carillion PLC
21 September 2015
21 September 2015
Carillion Joint Venture selected to deliver GBP292 million A14
upgrade construction package for Highways England
Initial contract award for a pre-construction phase valued at
nearly GBP0.5 million; full contract award subject to statutory
approval of the wider A14 improvement scheme
Highways England has awarded a joint venture between Carillion
and Balfour Beatty (50:50) the third construction package that
forms part of the GBP1.5 billion planned improvement programme to
upgrade the A14 between Cambridge and Huntingdon. The contract for
this package of work, which has been awarded under Highways
England's Collaborative Delivery Framework, will involve widening
the existing A14 from Swavesey to Milton and is expected to
generate some GBP292 million of revenue for the joint venture.
Construction work is expected to start in late 2016, subject to
the outcome of the development consent order examination by the
Planning Inspectorate, with the upgraded A14 open to traffic in
2020.
Carillion is the leading provider of training and
apprenticeships in our sector and the joint venture will provide
local communities with opportunities for training and
apprenticeships by supporting an on-site construction skills
academy to encourage industry entrants and skills development.
Carillion Chief Executive, Richard Howson said: "We are
delighted to have been selected to deliver this package of the A14
improvement programme. This contract is firmly in line with our
selective approach to construction, namely of focusing on large,
high-quality projects for long-term customers. As a delivery
partner of Highways England, we look forward to working
collaboratively with Highways England and the other contractors who
have been awarded packages under the A14 improvement programme to
deliver this important upgrade to the strategic road network that
will support regional and national economic growth."
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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