10th Mar 2009 09:33
SEVERN TRENT WATER ANNOUNCES AMP5 CONTRACTOR APPOINTMENTS
Severn Trent today announces the advancement of its "early start" contracting strategy with the appointment of its principal AMP5 contractors. 11 companies have been appointed at an earlier stage than is usual - a year ahead - in the AMP process. Early appointment will facilitate a head start on the design and planning work and ensure that construction can begin immediately in AMP5.
Tony Wray, Severn Trent's Chief Executive said: "This represents a significant step in our plans to raise standards and drive continuous improvement across our organisation. In our AMP5 plan we have set ourselves challenging efficiency targets, targeting some £200 million of capital efficiencies over the AMP5 period. This new approach will help us to reduce construction costs, enhance links across our supply chain, improve design efficiency, decrease waste and drive innovation."
The 11 appointed companies are Balfour Beatty, Barhale Construction, Biwater Treatment Ltd, Costain, Enterprise, Interserve, LoRImtech, May Gurney, Mott MacDonald Bentley, Morgan Est, and North Midland Construction.
Enquiries:Venetia CooperInvestor Relations ManagerSevern Trent Plc0121 722 4523Andrew MarshPublic Affairs ManagerSevern Trent Plc0121 722 4555Mal Patel or Peter HewerTulchan Communications0207 353 4200
vendorRelated Shares:
Severn Trent