COST Costain Group Plc

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Costain Group PLC

14 December 2017

Costain Group PLC

Costain appointed to Crown Commercial Service Management Consultancy Framework

Costain, the engineering group deploying technology-based solutions to meet national needs across the UK's energy, water and transportation infrastructures, has been appointed by the Crown Commercial Service (CCS) to provide consulting services as part of its Management Consultancy Framework.

The Management Consultancy Framework will run for four years and has been created to provide a compliant, cost-effective way for government to access consultancy advice across different sectors, from a wide range of suppliers.

Costain's place on the framework will enable clients including government bodies, sub-national bodies and local authorities to procure the business' consultancy services for a broad range of infrastructure schemes and projects.

The framework is split across seven lots, and has a total estimated value of between GBP2-3bn. Costain is one of a number of consultants that have been appointed to Lot 7 - Infrastructure, which is estimated to be worth c. GBP400m in total.

The elements of the infrastructure framework Costain will provide consultancy services on include:

-- Highways and roads: on the planning, design, maintenance, and impact of highways and roads on vehicles, pedestrians and property.

   --      Vehicles and traffic: on the control, management and monitoring of vehicles and traffic. 

-- Transport - Aviation, Rail, and Road: on the planning and management of transport infrastructure.

-- Energy and Utilities: on the provision of energy and utilities infrastructure, generation and recycling.

Costain has extensive experience in project management and the delivery of complex infrastructure projects. The business will provide consultancy on transformational change, technology integration, strategic planning, business case development, operational modelling, procurement, risk management, change management and economic analysis.

Andrew Wyllie CBE, Chief Executive, commented:

"We are delighted to have been selected by the Crown Commercial Service. The appointment is further testimony to Costain's strong track record of utilising our practical delivery expertise to provide advice on major national infrastructure in the UK. Additionally, it reflects the continued evolution of the company's service offering as we differentiate Costain as the UK's leading smart infrastructure solutions company."

14(th) December 2017

Enquiries:

 
 Costain                                Tel: 01628 842 444 
 Andrew Wyllie CBE, Chief Executive 
 Tony Bickerstaff, Finance Director 
 Catherine Warbrick, Investor 
  Relations Director 
 Sara Lipscombe, Group Communications 
  Director 
 
 Instinctif Partners                    Tel: 020 7457 2020 
 Mark Garraway 
 James Gray 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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