Carillion hits the road again

Two days after it announced a contract to work on the M6 motorway Carillion is on the road again, this time in Canada, where it has won a highway maintenance contract.

Two days after it announced a contract to work on the M6 motorway Carillion is on the road again, this time in Canada, where it has won a highway maintenance contract.

Carillion Canada has been named as the preferred bidder for the Area Maintenance Contract for London, Ontario, a 12-year contract worth in excess of £100m.

The contract will start in May 2012 and involves the provision of year-round routine maintenance services for provincial highways in the London area of Ontario. Under the contract, Carillion will also provide preventative maintenance services, when required, for which additional payments will be received, adding to the overall value of the contract.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

On Tuesday, the support services specialist said it had bagged a £104.9m contract to transform the section of the M6 motorway between junctions 5 and 8 into a so-called managed motorway.

jh