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Home Business

Four firms scoop almost £500m of rail work

March 29, 2024
in Business
Four firms scoop almost £500m of rail work
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Network Rail has appointed four firms to deliver £490m of construction works over the next five years.

The national infrastructure operator selected the contractors for its North West and Central Region Control Period 7 Framework A.

The deal will cover large projects across that part of the country between 1 April 2024 and 31 March 2029.

Skanska and Kier were named for Lot A1, which will deliver individual jobs up to £200m.

Octavius Infrastructure and Story Contracting make up Lot A2, covering projects up to £50m.

The minimum anticipated value of any scheme going through the framework is £7m.

Tasks to be delivered through the framework include civil engineering such as earthworks and roadworks; new-build and refurbishment of buildings such as stations and depots; and signalling, switches and related jobs.

Contractors will deliver feasibility studies, surveys, demolition, construction, commissioning and maintenance.

Rail project starts were 128 per cent higher this winter than a year earlier, according to recent data from Glenigan.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : ConstructionNews – https://www.constructionnews.co.uk/contracts/four-firms-scoop-almost-500m-of-rail-work-28-03-2024/

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