14th Oct 2020 10:29
(Alliance News) -Â Galliford Try Holdings PLC on Wednesday said its Environment business has been chosen for two new lots for the Thames Water AMP7 framework.
The lots, numbered 3 and 6, relate to Thames Water's work in the London region, and represent a total pipeline value of GBP590 million over a four-year period.
Of the total, Galliford Try expects its place on the lots to be jointly worth up to GBP60 million per year.
In Lot 3, Galliford Try will be working on Thames Water's above-ground facilities, while Lot 6 includes below-ground infrastructure.
"These appointments are fundamental to the group's strategy of focusing on long term frameworks and high-quality client relationships, with water one of identified key sectors. We look forward to deepening our collaboration with Thames as we deliver for their customers over the coming years," said Chief Executive Bill Hocking.
Shares in Galliford Try were up 1.0% at 79.61 pence in London on Wednesday.
By Lucy Heming;Â [email protected]
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