25th Nov 2013 07:00
Costain Group PLC
("Costain" or "the Group" or "the Company")
Costain awarded Paddington New Yard contract by Crossrail
Costain, one of the UK's leading engineering solutions providers, is pleased to announce that it has been awarded a contract by Crossrail to construct Paddington New Yard, between Crossrail's tunnels and the Great Western railway. This is the eleventh Crossrail contract with which Costain has been involved and is worth approximately £30m to the Group.
The project includes the construction of a bus parking deck to allow space for Crossrail trains to diverge from the Great Western line, as well as preparatory work for the installation of new rail track and systems for new sidings.
Work will commence immediately and is expected to complete in December 2015.
Andrew Wyllie, Chief Executive of Costain, commented:
"The Crossrail scheme is meeting a vital national requirement, creating a key part of the UK's transport infrastructure.
"Costain was selected because of our ability to deliver value as a long-standing partner, which we believe is firmly in keeping with 'Engineering Tomorrow': our commitment to generating and delivering innovative, value-driven solutions to meet major national needs."
25 November 2013
Enquiries:
Costain | Tel: 01628 842 444 |
Andrew Wyllie, Chief Executive | |
Tony Bickerstaff, Finance Director | |
Graham Read, Communications Director | |
College Hill | Tel: 020 7457 2020 |
Mark Garraway | |
Helen Tarbet |
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