Kier Group plc (LON:KIE), a leading infrastructure services, buildings and developments & housing group, confirmed that it has secured three-year extensions on its Highways England Areas 3 and 9 contracts, with a total value of c.£250m per annum.
These contracts provide routine highway maintenance services, repairs to defects, emergency incident response services and severe weather services on the Highways England road network. Further information about the contracts is as follows:
· Area 3: this contract covers major roads in Hampshire, Berkshire, parts of Surrey, Buckinghamshire, Oxfordshire and Dorset. Kier has held the contract since 2008 and it has been extended to October 2021; and
· Area 9: this contract covers major roads in Herefordshire, Worcestershire, Warwickshire, Staffordshire and Shropshire as well as parts of Gloucestershire, Derbyshire and Leicestershire. Kier has held the contract since 2014 and it has been extended to June 2022. Area 9 is the largest Area within Highways England’s network.
The extensions will allow Highways England to deliver a phased roll-out of its full asset delivery model which it is committed to implementing across its entire network.
Kier Group’s Chief Executive, Haydn Mursell, commented; “These extensions reflect the Group’s market leading position in the highways maintenance sector and the successful work our teams have undertaken on behalf of Highways England over a number of years. We are delighted to be continuing to collaborate with Highways England and our supply chain to provide a high-quality service to the public.”
