25th Oct 2006 13:10
Babcock International Group PLC25 October 2006 25 October 2006 BABCOCK INTERNATIONAL GROUP PLC Preferred Bidder Award for National Grid Alliancing Contract Babcock International Group PLC ("Babcock"), the support services company,announces that its Networks business, in partnership with AMEC plc and MottMcDonald Ltd has been appointed preferred bidder by National Grid for the WestOverhead Line and Cable Alliance. The award is for the delivery of National Grid's capital works programme foroverhead transmission lines and cable works in the West of England andthroughout Wales. Babcock has extensive experience in alliance partnering, andthrough Eve - its power transmission division - it has recognised expertise inthe field of overhead transmission line design and engineering. The contract, worth around £100m a year to the Alliance for an initial period offive years, renewable for a further five years, is expected to be awarded inJanuary 2007. Peter Rogers, Chief Executive of Babcock, commented: "This is a significant win for Babcock and its partners, reflecting Babcock'sexpertise in the technically sophisticated area of support services. The awardrepresents an advance in the way of doing business to an alliance/partnershipstructure - a concept with which we are familiar. This will allow long termplanning for our business, which will deliver real efficiency benefits. We lookforward to working with National Grid and our partners in the coming years." Enquiries: Babcock International Group PLC Tel: 020 7291 5000Peter Rogers (Chief Executive)Bill Tame (Finance Director) Financial Dynamics Tel: 020 7269 7121Andrew Lorenz / Susanne Walker Notes to editors:About Babcock International Group PLC Babcock International Group PLC is an asset management business. We managefixed infrastructure and mobile assets for a range of blue chip customers.Babcock integrates labour, technical capabilities, systems and supply chainpartners to meet the outsourcing needs of customers for 'mission-critical'capabilities. In the year to 31 March 2006 sales from continuing business were £837 million. The Group operates across five core business segments: Defence Services, supplying facilities management, equipment support andtraining services to the armed forces. Technical Services, providing engineering and logistical support to both thedefence and civil sectors in the UK. Engineering and Plant Services, supplying design, installation and maintenancesupport to the energy sector in Africa and the US. It also holds the Volvofranchise for construction equipment in Southern Africa. Rail, providing design, renewal and installation services for the UK railinfrastructure. Networks, supporting the design, maintenance and renewal of power transmissionand cellular telecommunications networks in the UK. Babcock's head office is in London and the Company's shares are quoted on theLondon Stock Exchange in the support services sector (EPIC: BAB). For furtherinformation, please visit Babcock's website at www.Babcock.co.uk. Engineering and Plant Services, supplying design, installation and maintenancesupport to the energy sector in Africa and the US. It also holds the Volvofranchise for construction equipment in Southern Africa. Rail, providing design, renewal and installation services for the UK railinfrastructure. Networks, supporting the design, maintenance and renewal of power transmissionand cellular telecommunications networks in the UK. Babcock's head office is in London and the Company's shares are quoted on theLondon Stock Exchange in the support services sector (EPIC: BAB). For furtherinformation, please visit Babcock's website at www.Babcock.co.uk. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BabcockAMFW.L