Jarvis secures Network Rail contracts worth a minimum of £65 million
26/01/2007
Jarvis plc, the infrastructure support services group, is pleased to announce that its wholly owned subsidiary Jarvis Rail Limited has been awarded three new contracts estimated to be worth a minimum of £65 million by Network Rail.Jarvis Rail, one of the major providers of track renewal, track development and electrical and signalling services across the UK , has secured a five-year signalling framework agreement and two enhancement projects on the West Coast Mainline. Jarvis Rail's Electrical Projects Group (“EPG”) has secured a signalling framework agreement for five years, with the potential for a further five-year extension. The signalling framework agreement has a minimum estimated value of £10 million per annum and covers minor signalling works and renewals throughout most of the London North East (“LNE”) territory. The agreement covers signalling projects up to a maximum value of £5 million per project and opens opportunities for other work including mid sized signalling schemes (schemes with a value between £5 million and £20 million), and level crossing renewals. On the West Coast Mainline Jarvis Rail has been awarded stage 2a of the high profile Rugby Station Remodelling works. In addition Jarvis Rail's business in Scotland , ‘Scotland Track Renewals Company' (“STRC”), has secured a linespeed enhancement project between Summit and Abington, also on the West Coast Mainline. The large and complex Rugby Station Remodelling project is due to be completed in late 2008. The stage 2a contract, which runs until May 2007, includes infrastructure renewal and remodelling works and is worth circa £10 million. Work has commenced and follows on from the successful completion of the design stage by the Jarvis Rail team in Rugby. The linespeed enhancement project in Scotland between Summit and Abington areas of the West Coast Mainline, commences in early 2007 and is estimated to be worth a minimum £5 million. STRC, will implement a workbank which includes track renewals, associated through alignment tamping and overhead line electrification alterations with designs being supplied by Network Rail. This will be followed by a specialist Jarvis EPG team completing the signalling design and commissioning. Completion of the project is expected by December 2008. Chief Executive of Jarvis plc, Richard Entwistle commenting on the contract wins said: “We are delighted to have been appointed to deliver this work for Network Rail, it is a great start to 2007. The experience and expertise of our team has meant that we have been able to provide tailored solutions for each project, which meet the full scope of the schemes including safety, cost effectiveness, efficiency and service delivery. We are pleased that Network Rail has shown this confidence in our teams in England and Scotland.” Ends For further information please contact: Toni Jackson, Group Communications Manager, Jarvis plc
Tel: 01904 712 667 mobile: 07921 939 031 Isabel Podda, Buchanan Communications
Tel: 020 74665119 mobile: 07899 790431
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