Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Kier Group Wins GBP50 Million Highways England Design Contract

23rd Mar 2016 07:39

LONDON (Alliance News) - Property, construction and services company Kier Group PLC on Wednesday said it has been named preferred supplier by Highways England to provide design services on projects in the East Midlands.

Kier said the contract, which is in addition to existing deals in place with Highways England, will be worth up to GBP50.0 million over five years, starting from July 1, 2016.

The Area 7 region the contract covers includes 79 kilometres of motorway and 428 kilometres of trunk roads in Nottinghamshire, Derbyshire, Leicestershire, Lincolnshire, Northamptonshire and Rutland.

"We are pleased to have secured an attractive design services contract with Highways England under its new delivery model," said Haydn Mursell, Kier's chief executive.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


Related Shares:

Kier
FTSE 100 Latest
Value8,809.74
Change53.53