Morgan Sindall Group PLC Morgan Sindall awarded share of £300m HS2 contract (3897P)

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RNS Number : 3897P

Morgan Sindall Group PLC

17 November 2016

Morgan Sindall Group plc

Morgan Sindall awarded share of GBP300m HS2 contract

Morgan Sindall Group plc, the construction and regeneration group, is pleased to announce that its Construction & Infrastructure division, in joint venture, has been awarded the Central Enabling Works Contract for High Speed Two (HS2). The contract will be worth up to GBP100m to Morgan Sindall Group over a period of four years.

The contract includes the early preparatory work needed ahead of the main civil engineering work for the scheme, including archaeology, site clearance and setting up construction compounds.

The contract awarded to Morgan Sindall is one of the three Enabling Works Contracts which, combined, amount to the total value of GBP900m. These contracts cover Phase One of the HS2 scheme from London to Birmingham, and the connection to the West Coast Mainline at Handsacre, Staffordshire. Work is due to begin in Spring 2017.

John Morgan, Chief Executive of Morgan Sindall Group, commented:

"Morgan Sindall Group has proven expertise in delivering complex infrastructure projects and we are delighted to be chosen by HS2 as a trusted partner on this historic scheme."

ENDS

Note to Editors

Morgan Sindall Group

Morgan Sindall Group plc is a leading UK construction and regeneration group with revenue of cGBP2.4 billion and which operates through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments.

 
 Morgan Sindall Group   Tel: 020 7307 
  John Morgan            9200 
  Steve Crummett 
 
  Brunswick 
  Jonathan Glass         Tel: 020 7404 
  Alison Kay             5959

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November 17, 2016 02:00 ET (07:00 GMT)

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