A Costain-Lafarge joint venture has won one of five Highways Agency frameworks for the East and South East of England worth up to £400M
The two year contract includes maintenance and improvement works, including resurfacing roads and maintaining bridges - each project can be valued up to £10M.
The contract can be extended to up to four years based on performance and the needs of the Highways Agency.
Costain Chief Executive Andrew Wyllie said: “This appointment again demonstrates the success of our ‘Being Number One’ strategy which focuses on key sectors including Highways and further increases the revenue we now secure from maintenance activities.”
The contract has a maximum advertised value of up to £400M over four years and is open for use by the local highway authorities and other public sector clients in the two agency regions.
The five companies will operate on behalf of the Highways Agency in Bedfordshire, Berkshire, Buckinghamshire, Cambridgeshire, Essex, Hertfordshire, Hampshire, Kent, Norfolk, Oxfordshire, Suffolk, Surrey and Sussex. The new contract also includes the option to work on the M25.