5th Jan 2017 08:59
LONDON (Alliance News) - Construction firm Morgan Sindall Group PLC on Thursday said it has won a place on Transport for London's GBP500.0 million surface transport framework.
The work will cover the design and delivery of civil engineering construction projects as part of a GBP4.00 billion TfL investment programme for London's roads.
Earlier on Thursday, engineering services company Costain Group PLC also said it had won a place on the framework.
The work covers the delivery, upgrade and maintenance of bridges, tunnels and highways across the capital.
"This contract win demonstrates the positive momentum behind our infrastructure business which continues to prove its expertise in delivering high-quality and complex projects. We are delighted to be appointed by TfL, and look forward to delivering this crucial scheme," said Morgan Sindall Chief Executive John Morgan.
Morgan Sindall shares were up 4.2% on Thursday to 786.40 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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