15 May 2014 - For release at 0700 hours
Kier achieves preferred bidder status on Anglian Water's AMP6 programme
Kier Group plc ("Kier") today announces that it has attained preferred bidder status on two new long-term contracts with Anglian Water under its AMP6 programme, with a combined total value of up to £130m. Both contracts start in 2015 and are expected to run for 15 years. The contract details are as follows:
· Kier has been selected to deliver Anglian Water's AMP6 Integrated Metering and Developer Services (IMDS) contract, valued at up to £12m a year. Together with Clancy Docwra, the contract will cover the whole Anglian Water region for both Metering and Developer Services, as opposed to the current east/west split that exists for the AMP5 Metering framework. The contract is expected to be formally awarded in the summer, with the focus over the coming three months on initiative development, business planning and work allocation.
· Kier has also been selected as one of three contractors to deliver Anglian Water's Integrated Operational Solutions (IOS). The contract is worth approximately £70m over five years, with an extension of a possible ten years, and will start in April 2015. The IOS contract works will include appraisal and feasibility studies, preliminary and detailed design, construction and installation of components. It will also cover asset refurbishment, demolition, dismantling and decommissioning, as well as maintenance of the corporate asset and cost data for both water and water recycling assets.
Kier's bid focus was on a need to increase efficiency and extend asset life to meet OFWAT objectives and to support the outcomes defined in Anglian Water's AMP6 business plan, which were defined following extensive customer consultation. These include having very satisfied customers, fair charges, a smaller footprint, and providing safe, clean water.
Haydn Mursell, Kier Group finance director, said: "We look forward to working with Anglian Water to tackle the ever more challenging regulatory requirements they face. Through our partnership experience, we will deliver these services effectively and efficiently, working as one fully integrated organisation, and collaborating with them and the partner service providers to deliver the best possible service to customers. These contract awards demonstrate how our acquisition of May Gurney last year has enhanced Kier's capabilities and strengthened our offering to clients."
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For further information please contact:
Faeth Birch/Charlotte Whitley, RLM Finsbury 020 7251 3801
Kier press office 01767 355897
Notes to Editors:
Kier Groupis a leading construction, services and property group specialising in building and civil engineering, support services, commercial property development, structured property financing and private and affordable housing. The Group employs more than 16,000 people worldwide and has an annual revenue of £2.8bn. Kier has the unique capability to draw on skills and experience from across the Group, offering clients brilliant solutions to challenging projects. Whatever a customer requires at any stage of the built environment life cycle, one or more of our businesses can provide world-class solutions, individually or combined, locally or nationally. Our large network of regional offices and our strong local relationships ensure that we can understand our clients and respond to their needs. The combined strength and capabilities of our Group allow us to respond rapidly when needs change.
