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Skanska/Costain joint venture wins £110M Crossrail Bond Street contract

Crossrail has awarded the £110M Bond Street station works contract to a Skanska/Costain joint venture.

The contract involves the construction of ticket halls, platform fit out and installation of electrics. The JV is already carrying out advanced works at the station following the award of that contract in 2011.

Costain is also already on the site carrying out the £290M upgrade of Bond Street Underground station in joint venture with Laing O’Rourke.

“This contract awarded to Costain by Crossrail is, we believe, further demonstration of the successful implementation of our ‘Choosing Costain’ strategy, in which we focus on building long term relationships with and winning repeat works from blue chip customers who are spending billions on meeting vital infrastructure needs. This contract further contributes to the strength of our order book, which comprises approximately 90% repeat business,” said Costain chief executive Andrew Wyllie.

Work is due to begin in February 2013 and will continue until February 2017, ready for Crossrail’s launch in 2018.

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