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2010 Press releases
Tuesday 9 February 2010
May Gurney secures two new long-term framework contracts with Wessex Water, with a combined value of up to £65 million.
Utility Services - AMP5 Contract Wins
May Gurney, the infrastructure services company providing essential maintenance and enhancement services to clients in the public and regulated sectors, today announces that it has won two new long-term framework contracts with Wessex Water under its AMP5 programme, with a combined value of up to £65 million over a period of 5 years.
Beginning in April 2010, the contracts cover the whole Wessex Water region for an initial period of five years (with a combined value of up to £65 million) plus possible extensions.
The 'Strategic Grid' framework contract, valued at up to £40 million over the first five years, covers the reinforcement of Wessex Water's strategic supply mains system including pumping stations and large pipelines.
The 'Network' framework contract, valued at up to £25 million over the first five years, includes mechanical and electrical (M&E) activities associated with asset upgrade, maintenance and new build at water treatment and waste water treatment facilities.
Philip Fellowes-Prynne, Chief Executive of May Gurney, said:
"We are delighted to have been awarded two new long-term contracts for Wessex Water, which further consolidates May Gurney's position as a leading provider of essential support services to the water industry. We were chosen because of our proven track record of developing successful long-term partnerships to deliver great performance, the technical expertise of our M&E teams and our industry leadership on environmental and waste management issues."
More than 95% of May Gurney's business is represented by dependable long-term contracts in the public and regulated sectors, which, together with a strong £1.4 billion forward order book and healthy pipeline of future opportunities, provides high visibility of earnings.
These new long-term contract wins, coupled with the recently announced £170 million long-term Integrated Water Distribution Services contract for South West Water, demonstrate May Gurney's strong utilities market position and supplement the £500 million in new long-term contracts and extensions won during the first half.
Notes to Editors
About May Gurney
May Gurney is an infrastructure services company. We are committed to helping our clients in the public and regulated sectors deliver sustainable improvements to front-line services across the UK.
We make sure that the road, utility, rail and waterways networks and public buildings are well maintained and that household waste is collected, managed and recycled. These essential maintenance services, which are based on long-term contracts, are the ones that are visible to local communities, and make a very real difference to the quality of life. They keep the country running.
Our track record in delivering great operational performance has built long-term relationships with our clients, who rely on us to support and anticipate their current needs and improve future outcomes. This focus on excellent customer service drives May Gurney.
And we never forget that our clients trust us to engage with their customers - communities and individuals - on their behalf. It's a responsibility that everyone at May Gurney takes very seriously.
May Gurney. Delivering essential services for our communities.
For more information about this release please contact Andrew Slater, Tel: 01603 727385, or Hannah Freeman at Tribe PR, Tel: 01603 417722.
May Gurney, the infrastructure services company providing essential maintenance and enhancement services to clients in the public and regulated sectors, today announces that it has won two new long-term framework contracts with Wessex Water under its AMP5 programme, with a combined value of up to £65 million over a period of 5 years.
Beginning in April 2010, the contracts cover the whole Wessex Water region for an initial period of five years (with a combined value of up to £65 million) plus possible extensions.
The 'Strategic Grid' framework contract, valued at up to £40 million over the first five years, covers the reinforcement of Wessex Water's strategic supply mains system including pumping stations and large pipelines.
The 'Network' framework contract, valued at up to £25 million over the first five years, includes mechanical and electrical (M&E) activities associated with asset upgrade, maintenance and new build at water treatment and waste water treatment facilities.
Philip Fellowes-Prynne, Chief Executive of May Gurney, said:
"We are delighted to have been awarded two new long-term contracts for Wessex Water, which further consolidates May Gurney's position as a leading provider of essential support services to the water industry. We were chosen because of our proven track record of developing successful long-term partnerships to deliver great performance, the technical expertise of our M&E teams and our industry leadership on environmental and waste management issues."
More than 95% of May Gurney's business is represented by dependable long-term contracts in the public and regulated sectors, which, together with a strong £1.4 billion forward order book and healthy pipeline of future opportunities, provides high visibility of earnings.
These new long-term contract wins, coupled with the recently announced £170 million long-term Integrated Water Distribution Services contract for South West Water, demonstrate May Gurney's strong utilities market position and supplement the £500 million in new long-term contracts and extensions won during the first half.
Notes to Editors
About May Gurney
May Gurney is an infrastructure services company. We are committed to helping our clients in the public and regulated sectors deliver sustainable improvements to front-line services across the UK.
We make sure that the road, utility, rail and waterways networks and public buildings are well maintained and that household waste is collected, managed and recycled. These essential maintenance services, which are based on long-term contracts, are the ones that are visible to local communities, and make a very real difference to the quality of life. They keep the country running.
Our track record in delivering great operational performance has built long-term relationships with our clients, who rely on us to support and anticipate their current needs and improve future outcomes. This focus on excellent customer service drives May Gurney.
And we never forget that our clients trust us to engage with their customers - communities and individuals - on their behalf. It's a responsibility that everyone at May Gurney takes very seriously.
May Gurney. Delivering essential services for our communities.
For more information about this release please contact Andrew Slater, Tel: 01603 727385, or Hannah Freeman at Tribe PR, Tel: 01603 417722.
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