Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

May Gurney dropped from Norfolk highway services tendering process

Contractor May Gurney has failed to make the shortlist for Norfolk County Council’s highways services contract, signalling an end its 10-year reign as the council’s highways maintenance and construction works contractor.

The news has come as a blow to the Norfolk-based contractor, which is in the midst of a merger and potential bidding war after Costain last week announced a plan for an all-share merger with the firm that in turn sparked interest from contractor Kier.

The firm is set to appeal the council’s decision. The new contract will commence on 1 April 2014 and initially last for five years — it could be worth up to £780M.

May Gurney’s share price fell 10p to 235p following this afternoon’s news before staging a recovery to close at 242p.

“We are naturally disappointed with the County Council’s decision and have started a formal appeal process with them,” said the contractor in a statement. “We will provide an update on this in due course. In the meantime May Gurney remains fully committed to continuing to deliver a quality service under the terms of the current contract.”

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.