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17/11/2016

Kier Chosen For £100m Powys Housing Maintenance Contract

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Powys County Council has selected Kier as its preferred bidder on a ten-year £100 million property maintenance contract.

In a trading update today, 17 November, the contractor revealed it will carry out a maintenance services for the local authority across its social housing stock, as well as other public/commercial buildings.

In addition, Kier has secured positions on the four-year £4 billion Department of Health ProCure22 framework, two five-year construction frameworks worth up to £750m at Gatwick Airport and a two-year £500m University of Cambridge framework. Work has also began at the Hinkley Point C nuclear power station site.

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Internationally, the company said two contracts in Hong Kong "remain challenging", however it expects to reach completion during the first quarter of 2017.

Other key wins include a five-year extension to the Suffolk County Council highways contract worth more than £250m, while the outcome of a tender process for selected Highways England Areas is still due to be announced.

Overall, Kier said: "The Group remains on course to meet expectations for the current financial year and deliver on its Vision 2020 targets."

(LM/MH)

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