£1 billion iESE framework (2878L)

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RNS Number : 2878L

Morgan Sindall Group PLC

28 July 2011

Morgan Sindall secures position on GBP1 billion iESE framework

Morgan Sindall Group plc, the construction and regeneration group, today announces that Morgan Sindall, its construction and infrastructure division, has been reappointed to the Improvement and Efficiency South East (iESE) framework.

Morgan Sindall has been appointed on all four frameworks bands covering projects from GBP1 million in value to over GBP25 million and will compete with seven other contractors on the four-year framework.

The iESE framework is available for use by public sector organisations across the South East to procure major building works. Projects will include the complete spectrum of new build and refurbishment schemes in education, health and community buildings such as libraries and sports facilities.

Although the absolute value of the framework is not determined at the outset, it is expected to be in the region of GBP1 billion. Its predecessor framework delivered contracts valued in excess of GBP1.5 billion, with Morgan Sindall securing 45 projects worth over GBP225 million.

This latest framework appointment follows shortly after Morgan Sindall has secured positions on a GBP100 million construction framework in Milton Keynes, the GBP1.2 billion framework programme of upgrades and improvements for Gatwick Airport, a GBP400 million schools framework in South East Wales and the GBP500 million Smarte East Alliance construction framework.

Paul Smith, Chief Executive of Morgan Sindall Group plc, said:

"Morgan Sindall worked successfully under the previous iESE framework and our reappointment is testament to the quality of construction we delivered. We look forward to extending our relationships with the public sector bodies that use the framework and further cementing our reputation in the region over the course of the next four years."

ENDS

Notes to Editors:

Morgan Sindall Group

Morgan Sindall Group plc is a leading UK construction and regeneration group with revenue of over GBP2 billion and which operates through five divisions of construction and infrastructure, affordable housing, fit out, urban regeneration and investments.

Morgan Sindall

Morgan Sindall is a UK construction, infrastructure and design business with a network of local offices. The company works for private and public sector customers on projects from GBP50,000 to over GBP500 million. Activities range from small works and repair and maintenance, to the design and delivery of complex construction and engineering projects where it is able to provide specialist design, tunnelling, utilities, building, civil engineering and mechanical and electrical services. The company operates across the commercial, defence, education, energy, healthcare, industrial, leisure, retail, transport, waste and water sectors.

ENQUIRIES:

Morgan Sindall Group plc Tel: 020 7307 9200

Paul Smith, Chief Executive

David Mulligan, Finance Director

Blythe Weigh Communications Tel: 020 7138 3204

Tim Blythe Mobile: 07816 924626

Paul Weigh Mobile: 07989 129658

This information is provided by RNS

The company news service from the London Stock Exchange

END

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