Costain Group
PLC
16 August
2024
Costain and MWH Treatment joint venture
CMDP+ wins AMP8 framework with Southern Water
Win marks Costain's
latest major AMP8 award for 2024
Costain Group PLC ("Costain")
announces that its CMDP+ joint venture with MWH Treatment
has been selected by Southern Water to shape and deliver its
next strategic asset upgrade programme.
The award is for an initial seven-year term
worth at least £500m to Costain, with an option to extend by up to
five years.
CMDP+ has successfully secured a place on two
Lots of the new Strategic Delivery Partner framework, and the joint
venture continues the long-standing relationship between Costain,
MWH Treatment and Southern Water. The framework will deliver
upgrades to water and wastewater assets, including treatment sites,
pumping stations and reservoirs, during Asset Management Period 8
(AMP8) and beyond. Southern Water expects that its AMP8 programme,
which runs from 2025 to 2030, will be the largest it has ever
undertaken.
Costain has worked successfully with Southern
Water through every asset management investment period since
2000.
Alex Vaughan,
CEO, Costain, commented: "This AMP8
announcement builds on our growing positions with the leading water
companies as they prepare for a nationally important period of
record investment.
"This framework marks three decades
of delivering industry leading essential solutions for Southern
Water. Through our successful joint venture with MWH Treatment, we
will upgrade water and wastewater services for Southern Water and
its customers, safeguarding the environment, and securing water
supplies across the region; as well as creating new jobs and added
social value."
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.