Last checked at 18 Jan 2011 07:00
COSTAIN GROUP PLC
("Costain" or "the Group")
Costain awarded A556 Knutsford to Bowdon Highways Agency contract
Costain has been awarded an Early Contractor Involvement (ECI) contract by the Highways Agency to design and construct a major scheme to relieve congestion and improve safety on the A556 between the M56 and M6 motorways in the North West.
The scheme will see the A556 between Knutsford and Bowdon in Cheshire, which is used by 51,000 vehicles a day, upgraded to dual carriageway standard.
A bypass will take traffic away from the communities of Bucklow Hill, Mere and Over Tabley and Junction 7 of the M56 will be upgraded.
Commenting on the contract award, Andrew Wyllie, Chief Executive of Costain, said:
"We are delighted to have been awarded this ECI contract with such an important client and one that further strengthens our position as one of the UK's leading solution providers in the Highways sector."
18 January 2011
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Notes to Editors
The Highways Agency's current cost-range estimate for the whole scheme is £137 million (minimum) to £212 million (maximum).
About Costain:
Costain is one of the UK's leading construction and engineering companies and is currently at the forefront of the drive to develop and improve the nation's infrastructure.
In its targeted sectors, Costain is playing a major role in the provision of new facilities for a range of sectors ranging from waste to transport. The Company's strategy is entitled 'Choosing Costain' and everyone in the organisation is committed to making Costain the automatic choice in terms of both business and technical excellence.
Costain's origins date back to 1865. Since then the Company has featured in some of the world's major construction projects including the Channel Tunnel. Now the Company focuses on specific sectors within three divisions: Infrastructure - Highways, Rail, Airports and Nuclear sectors; Environment - Water, Waste, Marine and Education sectors; Energy & Process - Nuclear Process, Power and Hydrocarbons & Chemicals sectors.
Costain has a strong order book. Significant contract awards include the £397 million contract (design, construction and commissioning of 44 different facilities) for the Greater Manchester Waste Disposal Authority. In addition, Costain has won (as part of the 4D consortium) a £225 million contract with Southern Water to manage the design and build of a new waste water treatment works in the Brighton and Hove area. Costain is also heavily involved in the Nuclear sector and, in the Summer of 2009, announced the award of a £297 million contract for full Engineering, Procurement, Construction and Inactive Commissioning of the Evaporator D project at Sellafield.
The Company's status was underlined at the Construction News 2009 Quality Awards when Costain won the Supreme Award for best overall performance. More recently, the Company was named 'Contractor of the Decade' by New Civil Engineer at the magazine's annual awards in London in August 2010.