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02/06/2017

WYG Secures UK Govt Framework Contracts

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Industry consultancy WYG has secured two new major framework contracts with the UK Government.

The UK Defence Infrastructure Organisation (DIO) has selected the business as its preferred Principal Support Provider (PSP) under a Regional Commissioning Model (RCM) for new projects in both the Central and Southern regions of the UK.

WYG said: "The amendment to our existing PSP framework is initially for one year but can be extended in one year increments up to a maximum of three years. We estimate that our expanded Delivery Partner role under the new model could double our existing £12m per annum revenue in each of the next three years."

Elsewhere, the company has won a place on the Government's £2.9 billion Crown Commercial Services framework, which provides central government customers and the wider public sector with Project Management and Full Design Team services to support their property and construction projects.

WYG has been included under three separate lots, with projects secured as a result of mini-competitions or direct awards in accordance with government procurement rules. The framework is set to run for two years, with an option to extend in one-year increments up to a maximum of four years. WYG estimates the framework could be worth up to £3 million per annum over the duration of the framework.
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In addition, the company has been selected to provide services in South Africa for the Climate Resilient Infrastructure Facility (CRIDF), a donor funded programme which has been operating since 2013 to improve the sustainable, equitable use of Southern Africa's transboundary water resources. Services will be provided with a fee value of up to £5m over the next two years and it is expected this will expand significantly.

Overall, the contracts are estimated to be worth approximately £50m to WYG over the next three years.

Paul Hamer, Chief Executive Officer, said: "These contract wins are testament to the range and quality of our technical expertise both in Consultancy Services across the UK and in our International Development business. They build our strong track record in delivering major long term infrastructure projects for the UK government and its major agencies.

"In a highly competitive environment, the award of two out of three of the regions under DIO's Principal Support Provider Regional Commissioning Model - covering all of England and Wales - is particularly pleasing and confirmation that during our work for the MoD over the past 25 years we have continually refreshed our approach to help the MoD to deliver its operational capability.

"International Development programmes such as CRIDF finance hundreds of projects leveraging billions of pounds in infrastructure investment and are vital components in enhancing the prospects of peace, stability and security in fragile and conflict affected states."

(LM)

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