9th May 2005 14:40
Morgan Sindall PLC09 May 2005 Morgan Sindall plc ("Morgan Sindall") £450 million United Utilities contract win for Morgan Est Morgan Est, the Infrastructure Services division of Morgan Sindall plc, ispleased to announce that it has been awarded a five year £450 million frameworkcontract by United Utilities ("UU") for its AX4 capital delivery programme. United Utilities AX4 programme is the collective term for its £2.5 - £3.0billion five year capital investment and maintenance programme covering bothwater and wastewater (AMP4) and Electricity (XD4) assets. Morgan Est's work involves the maintenance, rehabilitation and extension ofnetworks and associated equipment providing water supplies, wastewatercollection and electricity supplies for United Utilities' customers in the NorthWest of England. Morgan Est's contract is worth up to £450 million over the next five years witha potential five year extension and extends Morgan Est's order book to a recordof over £1 billion. Preparatory work on the project is due to start later this month. Paul Smith, Chief Executive, commented: " We are delighted to have been awarded this prestigious contract with our longterm client United Utilities. It is the largest contract award in the Group'shistory and extends Morgan Est's position in the utilities market following theNational Grid Transco Framework agreement in February." 9 May 2005 Enquiries: Morgan Sindall plc Tel: 020 7307 9200Paul Smith, Chief Executive College Hill Tel: 020 7457 2020Matthew Smallwood This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Morgan Sindall Group