23rd Aug 2016 06:31
LONDON (Alliance News) - Kier Group PLC Tuesday said it has been awarded three major construction frameworks worth in excess of GBP5.00 billion since its last trading update in early July, providing a long-term pipeline of potential contract awards.
The FTSE 250-listed construction giant said it has secured a place on the shortlist for the four-year, GBP4.00 billion Department of Health Procure22 framework as one of six principle supply chain partners. The framework will start in October.
Kier is also one of five suppliers listed for two five-year construction frameworks worth up to GBP750.0 million at Gatwick Airport. The frameworks cover building and civil engineering projects up to GBP10.0 million as well as a smaller works framework for building projects up to GBP1.5 million.
Lastly, Kier has secured a place on the list for the two-year, GBP500.0 million framework from the University of Cambridge to provide a range of facilities including laboratories, teaching and lecture spaces and sport facilities.
"These awards demonstrate the breadth of our offering and the strength of our relationships with clients across a wide range of sectors, including healthcare, aviation and education. Such awards, which account for approximately half of our UK regional building revenues, enable us to work closely with our clients to deliver on their long-term requirements and they further bolster our strong construction order book," said Chief Executive Haydn Mursell.
By Joshua Warner; [email protected]; @JoshAlliance
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