SEA - 20th April 2009
Carillion awarded £90 million Contract to upgrade the London Overground Rail Network
Carillion, the leading UK support services, Public Private Partnership project and construction company has been awarded this £90m contract by Network Rail.
The project will enhance the network between South Acton and Stratford/Barking to improve rail services, including connections with the new East London Railway, in preparation for the 2012 Olympic Games. Carillion will be responsible for the design and construction of the civil engineering, track, overhead line and power supply aspects of the project.
Known as the North London Line Railway Infrastructure Project (NLLRIP), this will be the largest item of work to be commissioned by Network Rail on the North London Line. It forms part of a £1.4 billion upgrade of the London Overground railway, which is being jointly funded by Network Rail, Transport for London (TfL) and the Olympic Delivery Authority (ODA).
This latest contract follows other recent successes for Carillion in the rail sector, including being awarded a 7-year, £80 million contract for the maintenance of the East London Line and being selected as a one of seven contractors to deliver an additional £800m of investment in track enhancements over the next five years.
John McDonough, Carillion's chief executive said: "This project is a key part of the programme to upgrade the London rail network and we are delighted to be working with Network Rail to deliver this project ahead of the 2012 Olympics.
"This further enhances Carillion's position as a UK leader in delivering transport infrastructure projects, a market in which we have a good pipeline of opportunities in 2009."
Notes to editors
Carillion is one of the UK’s leading support services, Public Private Partnership project and construction companies. The Group has annual revenue of around £5 billion, employs some 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion’s principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion’s principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group’s main sectors are Health, Roads Maintenance and Construction.
Carillion has a substantial portfolio of equity investments in Public Private Partnership projects, particularly in the Defence, Education, Health and Transport sectors.
In the inaugural Sunday Times Best Green Companies Awards in May 2008, Carillion secured first place in the category for large and medium-sized companies with high environmental impact and second place overall.
This and other Carillion news releases can be found at www.carillionplc.com
For further information contact
John Denning, Director Group Corporate Affairs, Carillion plc 01902 316426
