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Carillion lands National Grid, Fulcrum deals worth £445m

Carillion has been chosen to carry out support services contracts worth around £445 million by clients Fulcrum and National Grid.

As well as a five-year £70m framework to provide gas and multi-utility services for Fulcrum, Carillion will provide refurbishment and upgrade services for National Grid’s 400kV overhead transmission network in England and Wales, in a deal that could reach £375m over five years.

Carillion chief executive, John McDonough, said: “We are delighted to have been selected to deliver these key services for Fulcrum and National Grid that further underpin our strong order book and pipeline.

“The contract for Fulcrum enhances Carillion’s position as one of the largest providers of gas connection services in the UK and our selection as the preferred bidder to deliver overhead line services for the National Grid underlines the strength of Carillion’s offering as a leader in this market sector.  We look forward to working with Fulcrum and in alliance with National Grid to deliver these important programmes.”

Carillion has won the National Grid contract in joint venture with Eltel Networks as part of National Grid’s £22 billion investment programme. 

The main contract will commence in April 2012, with the volume of work allocated to the Joint Venture increasing annually, subject to performance.

Under the framework contract with Fulcrum, which will commence immediately, Carillion will deliver gas and multi-utility connections across the North of England, North & Central Wales, West Midlands, East Midlands and East Anglia.  This success further enhances Carillion’s position as one of the largest providers of gas connection services in the UK.

 

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