Costain Skanska JV secures Crossrail framework


 

TIDMCOST 
 
RNS Number : 7149Q 
Costain Group PLC 
17 April 2009 
 

Costain Group PLC 
("Costain" or the "Group") 
 
 
Costain Skanska JV secures Crossrail framework 
 
 
Costain, in joint venture with Skanska, is delighted to announce that it has 
been selected, as one of several contractors, for Crossrail's advance works 
civils framework agreement, which has a potential value in excess of GBP250 
million and a four year duration. 
 
 
A significant proportion of the work within the framework will be carried out 
close to or over live Network Rail and London Underground assets, including 
civil structures, underpinning, reinforced concrete structures, service tunnels 
and shafts, as well as the diversion and protection of existing gas, 
electricity, telecoms, water and sewerage utilities on the central section of 
the Crossrail route. 
 
 
When Crossrail opens in 2017 it will increase London's rail based public 
transport capacity by 10 per cent, supporting regeneration across the capital, 
helping to secure London's position as a world leading financial centre, and 
cutting the journey times across the city. 
 
 
Andrew Wyllie, Chief Executive, commented: 
 
 
"We are delighted to have been selected to the advance works framework for this 
important infrastructure project, reinforcing the success of our 'Being Number 
One' strategy." 
 
 
 
 
17 April 2009 
 
 
 
 
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| ENQUIRIES:                             |                              | 
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|                                        |                              | 
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| Costain Group PLC                      | Tel: 01628 842 444           | 
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| Graham Read, Communications Director   |                              | 
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|                                        |                              | 
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| College Hill                           | Tel: 020 7457 2020           | 
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| Mark Garraway                          |                              | 
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| Adam Aljewicz                          |                              | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
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