Morgan Est has won a 10-year framework contract with Severn Trent Water covering the next two five-year Asset Management Periods (AMP 5 and AMP 6) worth an estimated £500M.
The contract is one of 11 awarded by Severn Trent Water, initially as part of the AMP 5 programme, which runs for five years from 1 April 2010. Full details, including the total size of the programme, will be finalised following the conclusion of Ofwat’s water and sewerage price review (PR09). The total value of the current AMP 4 is £2.8 billion.
Morgan Est’s civil engineering and utility services will carry out improvement work to clean water and waste water pipelines within the southern area of Severn Trent’s region.
Design work will start one year early in line with Severn Trent’s strategy, which will treble Morgan Est’s existing workload with Severn Trent Water.
Mark Cutler, Managing Director for Morgan Est, said: “This contract win is a fantastic result for all of our Severn Trent team and for the wider Morgan Est business and provides secure revenue and workload for 10 years. It builds on a strong relationship developed through the last two asset management periods and will further reinforce our position as one of the country’s leading water and infrastructure specialists.”