Costain receives award of major Asset Support Contracts from Highways England

Costain has been awarded two new key Asset Support Contracts (ASC’s) by Highways England for maintenance and development on the country’s Trunk Road Network.

The ASC’s are worth £750M and have been awarded in joint partnership with Costain sharing a third of the value.

They will run from June 2016, covering Area 4 (Sussex and Kent) and Area 12 (Yorkshire and Humberside) for five years, with the potential for a three year extension.

In both areas, the joint venture will deliver asset management and maintenance services on key elements of Highways England strategic network.

Costain has also secured a joint equal partnership, preferred bidder status from East Sussex County Council, for a seven year, £300M contract to provide a comprehensive design, maintenance and improvement service. The work covers 2,000 miles of highways in the country.

Andrew Wyllie CBE, Chief Executive of Costain, commented: “We are delighted to have secured these significant new contracts from Highways England and to have been awarded preferred bidder status from East Sussex County Council.

“These awards demonstrate our established reputation for the provision of complex asset support services based on our proven ability to provide collaborative, integrated teams for the highway market and also reflect our focus on building long term partnerships with blue chip customers.”

The contract is subject to formal award in January 2016, which will be followed by a four month mobilisation phase. The work will commence on the 1^st of May 2016.

 

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