Balfour Beatty awarded AMP 5 contracts worth approximately £600 million
LONDON, England, UK, Jan. 12, 2010 -- Balfour Beatty has been appointed for United Utilities' AMP 5 infrastructure contract and has also secured a five-year extension to its existing alliance partnership contract with Anglian Water...
LONDON, England, UK, Jan. 12, 2010 -- Balfour Beatty, the international infrastructure group operating in construction services, professional services, support services and infrastructure investments, announces today that it has been awarded two AMP 5 capital programme contracts worth in the region of £600 million in total.
United Utilities has appointed Balfour Beatty for its AMP 5 infrastructure contract. The total value of the five-year contract is likely to be worth in the region of £500 million, covering capital delivery for United Utilities throughout North-West England as part of United Utilities' AMP 5 long-cycle contract.
Balfour Beatty has also secured a five-year extension, likely to be worth over £100 million in total, to its existing alliance partnership contract with Anglian Water. The extension is part of the @one Alliance £1 billion AMP 5 programme and covers the whole of Anglian Water's region in the East of England.
Commenting on these awards today, Balfour Beatty Chief Executive, Ian Tyler, said: "We are delighted to have secured these AMP 5 capital programme contracts. We look forward to working closely with our customers and drawing on our skills and experience to deliver first-class customer service, excellent health and safety management and innovative ways of working."
The scope of the work for United Utilities involves the delivery of clean water and wastewater major projects and DG5 flood alleviation schemes.
The extension to the alliance with Anglian Water will add further to Balfour Beatty's already substantial capability in alliance working. The contract comprises design and construct operations, asset and mains renewal, service connections and the repair of sewerage infrastructure.
Both contracts will commence in April 2010.