Costain Group PLC Costain Appointed Magnox Decommissioning Framework
2023年6月22日 - 6:38PM
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Costain Group PLC
22 June 2023
Costain Group PLC
22 June 2023
Costain Appointed to Magnox Decommissioning Framework
Costain awarded share of GBP485m programme
Costain Group PLC ("Costain") announces that is has been awarded
a place on a new six-year framework for Magnox Ltd. to support the
company across 11 sites and deliver its decommissioning programme
through to 2029.
The full programme of work, which is worth up to GBP485m, will
contribute to the clean-up of the UK's nuclear waste whilst
reducing the environmental impact of the sites and helping to
deliver the Nuclear Decommissioning Authority's strategic goals.
Costain has secured a position on both Lot 1 and Lot 2 of the
framework utilising its full complex delivery and consultancy
capability.
Sam White, managing director, Natural Resources, Costain,
commented:
"Costain has been implementing innovative solutions to deal with
legacy nuclear waste for more than 20 years and these awards build
on our decommissioning heritage with Magnox.
"Our previous work across the Magnox fleet has been instrumental
in moving sites towards Care and Maintenance - essentially
de-fuelling, decommissioning and creating safestores. This work
represents a significant milestone along the decommissioning
journey towards eventual final site clearance."
Magnox is a wholly owned subsidiary of the Nuclear
Decommissioning Authority and Costain's experience will support the
safe and secure closure of the Magnox sites.
Paul Winkle, chief operating officer, Magnox said:
"This new decommissioning framework contract builds on the
success of the previous one. It is a key, collaborative business
tool that will provide an efficient, cost-effective route to market
to decommission, demolish or re-use redundant buildings.
"Magnox created a 7,400m(2) demolition footprint last year -
that's the collective size of 45 tennis courts. This is a
significant achievement for the company and all the supply chain
partners involved. We're looking to deliver even more this year and
the new framework contract will simplify the procurement process to
do that."
Enquiries
Investors and analysts paul.sharma@costain.com
Paul Sharma, Costain +44 (0) 7867 501188
Financial media - Headland costain@headlandconsultancy.com
Andy Rivett-Carnac +44 (0) 7968 997 365
Charlie Twigg +44 (0) 7946 494 568
Notes to editors
Costain helps to improve people's lives by creating connected,
sustainable infrastructure that enables people and the planet to
thrive. We shape, create and deliver pioneering solutions that
transform the performance of the infrastructure ecosystem across
the UK's transport, energy, water, and defence markets.
We are organised around our customers anticipating and solving
their challenges and helping to improve performance. By bringing
together our unique mix of construction, consulting and digital
experts we engineer and deliver sustainable, efficient and
practical solutions.
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END
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June 22, 2023 05:38 ET (09:38 GMT)
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Costain (LSE:COST)
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