Morgan Sindall Group PLC Morgan Sindall contract extension worth up to £60m
June 20 2017 - 1:00AM
RNS Non-Regulatory
TIDMMGNS
Morgan Sindall Group PLC
20 June 2017
20 June 2017
Morgan Sindall Group plc
('the Group')
Morgan Sindall awarded two-year contract extension worth a
potential GBP60 million
Morgan Sindall Group plc, the construction and regeneration
group, is pleased to announce that its Construction &
Infrastructure division has been awarded a two-year extension to
its three-year Framework Agreement with Western Power Distribution
to deliver excavation, cable laying and reinstatement works in the
West Midlands region.
Morgan Sindall was originally appointed to the Framework, with
an estimated annual value of GBP30+ million, in November 2014. The
extension, which is worth up to a further GBP60m, will run until
October 2019 and will enable Western Power Distribution to maintain
and enhance its electricity network.
Morgan Sindall will deliver planned and reactive works on
Western Power Distribution's 11kV to 33kV distribution networks
throughout the West Midlands region, which includes Stoke-on-Trent,
Telford, Tipton, Birmingham, Hereford and Ludlow, Worcester and
Gloucester.
John Morgan, Chief Executive of Morgan Sindall Group plc,
commented:
"We are very pleased to have been awarded this contract
extension, which we believe reflects the close and productive
working relationships we have with Western Power Distribution, and
the quality of the work we do. It also reflects the range of skills
and capabilities we have in our Construction & Infrastructure
division and its strong position for the future."
ENDS
Enquiries:
Morgan Sindall
Group plc 020 7307 9200
John Morgan, Chief
Executive
Steve Crummett,
Finance Director
Instinctif Partners
(Financial PR) 020 7457 2020
Matthew Smallwood 07831 379 122
Helen Tarbet 07825 609 737
Rosie Driscoll 07891 564 641
Notes to Editors:
Morgan Sindall Group plc
Morgan Sindall Group plc is a leading UK construction and
regeneration group with revenue of cGBP2.6 billion and which
operates through six divisions of Construction &
Infrastructure, Fit Out, Property Services, Partnership Housing,
Urban Regeneration and Investments.
Its Infrastructure division specialises in the design and
delivery of technically demanding infrastructure, offering a
diverse civil engineering capability including tunnelling,
utilities, building, civil engineering and mechanical and
electrical services to customers across the market sectors of
nuclear, energy, highways, aviation, rail and water.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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