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Pin to quick picksCostain Regulatory News (COST)

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Costain named as Preferred Bidder by Severn Trent

20 Jul 2010 15:46

RNS Number : 6390P
Costain Group PLC
20 July 2010
 



Costain Group PLC

("Costain" or "the Company")

 

Costain named as Preferred Bidder by Severn Trent in Birmingham

Costain, in partnership with MWH, has achieved preferred bidder status on a potential £15 million contract for Severn Trent Water to construct a new treated water pumping station at Frankley, one of its major water treatment works in Birmingham.

Frankley water treatment works supplies water to around 1.4 million people in Birmingham and the surrounding area, making it a major piece of national infrastructure and a vital asset for Severn Trent Water.

Early works are planned from December 2010 with major construction activities expected to be underway in the summer of 2011. The scheme is expected to take around two years to complete.

Andrew Wyllie, Chief Executive of Costain, said:

"We are delighted to have achieved preferred bidder status for Severn Trent to construct a new water pumping station which is in addition to our existing AMP5 contract. This clearly demonstrates the confidence Severn Trent has in Costain MWH's ability to deliver."

20 July 2010

 

Enquiries:

Costain

Tel: 01628 842 444

Graham Read, Communications Director

College Hill

Tel: 020 7457 2020

Adam Aljewicz

Mark Garraway

 

Notes to Editors

 

Costain is an international engineering and construction group with a reputation for technical excellence founded on more than 140 years of experience. The Company's business segments are in Infrastructure (Highways, Rail, Nuclear and Airports), Environment (Water, Waste, Marine and Education), Energy & Process and Property Development.

 

The Company is focused on market sectors where it expects there to be a significant investment over the next few years and where it can build and maintain strong positions.

 

It has worked on a number of significant infrastructure projects in the UK, including the St Pancras railway station and the Channel Tunnel Rail Link, and is currently working on a number of significant projects including the municipal waste treatment infrastructure for the Greater Manchester Waste Disposal Authority and EVAP D at Sellafield, one of the largest nuclear projects in the UK.

 

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