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15/01/2010
Jarvis Secures Railway Infrastructure Contract
Jarvis has announced that Jarvis Rail, its multi-disciplinary railway engineering business has successfully secured a contract worth in the region of £55 million to undertake the rail elements of the Mainline phase of Chiltern Railway's Project Evergreen 3.
Following a successful joint bid Jarvis Rail will be working very closely with principal contractor civil engineering specialists BAM Nuttall, as its subcontractor.
The total value of the rail and civil elements of the Mainline phase of Project Evergreen 3 is estimated to be approximately £94 million. The majority of the rail associated work is expected to be undertaken in the next financial year 2010/2011.
The contract also contains the exclusive option to extend the works, subject to relevant approvals, to cover the £96m upgrade of the Bicester to Oxford line which is due to commence in April 2011. The rail associated elements of this second phase are expected to be worth in the region of £36m.
Stuart Laird, Chief Executive Officer Jarvis said: "I am delighted that we have been successful in securing the rail works on this major contract. It is a huge opportunity for us and is testament to the effort we are putting into developing relationships with potential new partners and customers.
"We have worked very closely with the team at BAM Nuttall to provide Chiltern Railways with a comprehensive solution which draws on our combined experience in rail and civil engineering. We are very much looking forward to working with BAM Nuttall and Chiltern Railways to ensure that Evergreen 3 is successfully and safely delivered."
(CD/GK)
Following a successful joint bid Jarvis Rail will be working very closely with principal contractor civil engineering specialists BAM Nuttall, as its subcontractor.
The total value of the rail and civil elements of the Mainline phase of Project Evergreen 3 is estimated to be approximately £94 million. The majority of the rail associated work is expected to be undertaken in the next financial year 2010/2011.
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The contract also contains the exclusive option to extend the works, subject to relevant approvals, to cover the £96m upgrade of the Bicester to Oxford line which is due to commence in April 2011. The rail associated elements of this second phase are expected to be worth in the region of £36m.
Stuart Laird, Chief Executive Officer Jarvis said: "I am delighted that we have been successful in securing the rail works on this major contract. It is a huge opportunity for us and is testament to the effort we are putting into developing relationships with potential new partners and customers.
"We have worked very closely with the team at BAM Nuttall to provide Chiltern Railways with a comprehensive solution which draws on our combined experience in rail and civil engineering. We are very much looking forward to working with BAM Nuttall and Chiltern Railways to ensure that Evergreen 3 is successfully and safely delivered."
(CD/GK)
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