Costain wins Bond Street tube station contract


 

TIDMCOST TIDM40CT 
 
RNS Number : 7422Q 
Costain Group PLC 
09 August 2010 
 

Costain Group PLC 
("Costain") 
 
 Costain awarded Bond Street tube station upgrade contract 
 
Costain announces that it has been awarded, in joint venture with Laing 
O'Rourke, a GBP130 million construction contract to redevelop the London 
Underground's Bond Street tube station in central London. The total cost of 
redeveloping Bond Street tube station is in the region of GBP300 million. 
 
The contract was awarded by Transport for London (TfL) and is part of London 
Underground's Tube Upgrade Programme. The expanded tube station will join with 
the new Crossrail station at Bond Street to form one overall station. 
 
More than 155,000 passengers currently use Bond Street tube station every day, a 
figure that is expected to rise to over 225,000 with the arrival of Crossrail in 
2017. 
 
The work will focus on the north side of London's retail hub Oxford Street to 
boost capacity and create step free access to the station. Work is due to begin 
in the autumn. 
 
Andrew Wyllie, the Chief Executive of Costain, said: 
 
"We are delighted to have been awarded this contract in the heart of central 
London, which further builds on our two recent contracts with Crossrail and 
again demonstrates our skills and capabilities in this area." 
 
 
9 August 2010 
 
 
+----------------------------------+--------------------------+ 
| ENQUIRIES:                       |                          | 
+----------------------------------+--------------------------+ 
|                                  |                          | 
+----------------------------------+--------------------------+ 
| Costain Group PLC                | Tel: 01628 842 444       | 
+----------------------------------+--------------------------+ 
| Graham Read, Communications      |                          | 
| Director                         |                          | 
+----------------------------------+--------------------------+ 
|                                  |                          | 
+----------------------------------+--------------------------+ 
| College Hill                     | Tel: 020 7457 2020       | 
+----------------------------------+--------------------------+ 
| Mark Garraway                    |                          | 
+----------------------------------+--------------------------+ 
| Adam Aljewicz                    |                          | 
+----------------------------------+--------------------------+ 
 
 
Notes to Editors 
 
Costain, one of the UK's leading construction and engineering companies, is 
currently at the forefront of the drive to develop and improve the nation's 
infrastructure. 
 
In its targeted sectors, Costain is playing a major role in the provision of new 
facilities for a range of sectors ranging from waste to transport. The Company's 
strategy is entitled 'Choosing Costain'  and everyone in the organisation is 
committed to making Costain the automatic choice in terms of both business and 
technical excellence. 
 
The Costain origins date back to 1865. Since then the Company has featured in 
some of the world's major construction projects including the Channel Tunnel. 
Now the Company focuses on specific sectors within three divisions: 
Infrastructure - Highways, Rail, Airports and Nuclear sectors; Environment - 
Water, Waste, Marine and Education sectors; Energy & Process - Nuclear Process, 
Power and Hydrocarbons & Chemicals sectors. Costain currently has a record order 
book. Contracts include the GBP397 million contract (design, construction and 
commissioning of 44 different facilities) for the Greater Manchester Waste 
Disposal Authority. In addition, Costain has won (as part of the 4D consortium) 
a GBP225 million contract with Southern Water to manage the design and build of 
a new wastewater treatment works in the Brighton and Hove area. Costain is also 
heavily involved in the Nuclear sector and in the Summer 2009 announced the 
award of a GBP297 million contract for full Engineering, Procurement, 
Construction and Inactive Commissioning of the Evaporator D project at 
Sellafield. 
 
The Company's status was underlined at the Construction News 2009 Quality Awards 
when Costain won the Supreme Award for best overall performance. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 CNTSSDSAUFSSELA
Costain (LSE:COST)
過去株価チャート
から 6 2024 まで 7 2024