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Pin to quick picksCostain Regulatory News (COST)

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Confirmation of Contract Award

11 Jan 2016 07:00

RNS Number : 3547L
Costain Group PLC
11 January 2016
 

Costain Group PLC

("Costain" or "the Group")

 

 

Costain confirms award of East Sussex highways services contract

 

Further to its announcement on 17 December 2015 of Preferred Bidder status, Costain, the engineering solutions provider, confirms today that as part of a Joint Venture ('JV') it has been awarded the contract by East Sussex County Council to deliver a comprehensive design, maintenance and improvement service covering over 2,000 miles of highways in the county.

 

Costain is in a 50:50 JV with CH2M; the contract is worth £300m to the JV over seven years. Work is scheduled to commence on 1 May 2016 following a four month mobilisation phase.

 

 

11 January 2016

 

 Enquiries:

 

Costain

Tel: 01628 842 444

Andrew Wyllie CBE, Chief Executive

Tony Bickerstaff, Finance Director

Graham Read, Communications Director

Catherine Warbrick, Investor Relations Director

Instinctif Partners

Tel: 020 7457 2020

Mark Garraway

Helen Tarbet

James Gray

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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