tRIIO, a joint venture between Morrison Utility Services and Skanska UK, today announces it has been awarded an eight year project to help deliver National Grid's gas mains replacement programme, as well as elements of capital expenditure delivery and operational support services. The contract is worth £1.6 billion.
As an equal joint venture between Morrison Utility Services and Skanska UK, tRIIO represents a strategic response to the new operating environment created by RIIO. With a strong strategic fit, complementary strengths and common values, tRIIO will be responsible for delivery of investment in two of National Grid’s four regional gas distribution networks in the UK: the East of England and North London.
As well as gas mains replacement, the scope of the contract includes connections, diversions, reinforcements and wider asset replacement activities and resource provision.
Jonathan Callighan, Head of Strategic Partnerships, National Grid, said: "Together, the Gas Distribution Strategic Partnerships represent a £3.1 billion investment into the UK economy, which will enable National Grid to continue to deliver gas safely and reliably to our customers over the next eight years."
Charles Morrison, Chief Executive, Morrison Utility Services, said:“We are delighted to extend our successful and established relationship with National Grid under the terms of this long-term agreement. The combined strengths, knowledge and expertise of Morrison Utility Services and Skanska UK will ensure tRIIO is perfectly positioned to deliver safety, innovation and exemplary service to National Grid and its customers. We look forward to forging a strong and agile partnership that is able to address the unprecedented challenges and significant opportunities that the RIIO regulatory framework presents.”
Peter Jones, Managing Director, Utilities Services, Skanska UK, said: "We have longstanding and positive working relationships with both National Grid and Morrison Utility Services. With 13 years of experience of working together on previous projects, Skanska and Morrison Utility Services bring a wealth of knowledge and skill to this important infrastructure project. We will continue to bring innovation and greater efficiency to this work, as we have done successfully for many years."
The contract commences in April 2013 for a period of eight years through to March 2021.
Notes for Editors
About Morrison Utility Services
Morrison Utility Services is the UK’s leading utility service provider. We work with utility company clients in the electricity, gas, water and telecommunications sectors helping them renew, refurbish and maintain their infrastructure and networks.
Our vision is to be the leading utility service provider delivering a cost effective, quality service to our clients and achieving acceptable financial returns. In simple terms this means ‘delivering what we promise’ with safety as our number one business driver.
Skanska in the UK
Skanska is involved in some of the UK’s most prestigious building and infrastructure projects, working with both private and public-sector clients. We also deliver numerous smaller schemes, including public-realm improvement, hard and soft landscaping and utilities projects.
In addition, by combining our skills and experience in construction and infrastructure development we have become a UK leader in delivering schemes in healthcare, education, defence, transportation and municipal services that bring together private and public investment.
Working together with clients, partners and our supply chain, we make a positive difference to each project. Part of that is our resolute commitment to a more sustainable world, creating green solutions and setting high standards in green construction, as well as helping project stakeholders to make more sustainable choices. In acknowledgement, in June 2011 we were named the greenest company in the UK across all industries in The Sunday Times Best Green Companies Awards.
We also strive to lead in health and safety, business ethics and the working environment. Construction News named us Employer of the Year in its 2012 awards. Our Code of Conduct and Five Zeros together embody our values and form the foundation of our culture: zero loss-making projects, zero accidents, zero environmental incidents, zero ethical breaches and zero defects.
Skanska UK is backed by the financial strength of Skanska AB in Sweden.
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