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Costain eyes up big two weeks of contract awards

Contractor Costain has a big two weeks ahead of it, as it sweats on news of contract awards for Network Rail’s massive London Bridge station redevelopment and Essex County Councils mega highways maintenance deal.

Essex County Council has shortlisted three bidders to create what will be the largest integrated highways partnership in the UK worth up to £3bn over 10 years.

Costain is in a consortium with Serco and Capita Symonds.

Both contracts are set to be awarded in the next two weeks.

The firm is also hoping to win the Crossrail Farringdon station contract in joint venture with Skanska. It is currently building the Network Rail part of the station rebuild in joint venture with Laing O’Rourke.

The contracts are key for the firm, which has made clear that its recession-busting strategy is to win major, repeat work from Britain’s biggest clients.

 

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