Kvaerner Construction announces £180M of contract wins

Press release 05/10/2000 00:00 CET

 £75 million maintenance contract for BT covering the Thames Valley region.
 £68 million civils and building contracts in Hong Kong through Gammon Construction.
 £20 million contract to construct a new loading jetty for the Ministry of Defence in Devonport, Plymouth.
 £18 million worth of projects to improve the motorway communications system on M1 in Northamptonshire and Leicestershire.

Kvaerner Construction, which is in the process of becoming part of the global construction services company Skanska, has won contracts in Hong Kong and the UK worth a total of more than £180 million.

£75 million maintenance contract for BT

A £75 million four-year term contract has been signed with Corning Cable Systems, BT’s main contractor, for the maintenance of the company’s underground infrastructure including the repair and diversion of the duct network and its associated structures. Kvaerner Construction has also secured the option of a further four-year contract following the completion of the current deal in September 2004.

The latest contract follows the successful relationships Kvaerner Construction has formed in the telecommunications sector since entering the market in 1993 as an approved term contractor with BT.

£68.7 million Hong Kong contracts

In Hong Kong Gammon Construction, Kvaerner Construction’s locally-based company, has won a £39 million (HK$463m) scheme to construct a 22-storey student hostel in Kowloon and a £21 million (HK$250m) waterworks maintenance term contract with the Hong Kong Government Water Supplies Department.

A third contract worth £9 million (HK$117m) is for the construction management of a pier deck with associated works on Ma Wan Island. The year-long project for Sun Hung Kai Properties Ltd is due for completion in August next year.

£20 million new loading jetty for the MoD

A £20 million T-shaped Remote Ammunitioning Facility Tamar (RAFT) will be constructed for loading weapons onto warships and nuclear-powered submarines. Electrical services for the jetty will be supplied by Kvaerner Construction’s sister company, mechanical and electrical installation specialist Kvaerner Rashleigh Weatherfoil. Work will begin in November and is due for completion in January 2003.

It is the second high profile contract Kvaerner Construction has secured with the MoD this year following the award of a £340 million contract to redevelop and modernise its Whitehall headquarters in London.

£18 million motorway communications contract secured

Kvaerner Construction’s growing motorway communications team has clinched two contracts on the M1 worth more than £18 million. An £8 million project in Leicestershire will improve cabling and driver information signs on existing gantries while a similar contract worth £11 million is underway in Northamptonshire. These contracts follow similar schemes completed by Kvaerner Construction’s motorway communications team on M1/A1 Link Road in Leeds; the M62, M18 and M180 in Yorkshire; the M6, M61 and M55 in Lancashire; and on the M62, M606 and M1 also in Yorkshire.
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