Driver wins consulting contract with mystery client
Driver Group, the global construction consultancy, looks to have landed itself up to four years of work on a new contract.
Driver Group, the global construction consultancy, looks to have landed itself up to four years of work on a new contract.
The contract win, won under the auspices of Driver's recent acquisition, Treet Consulting, is with "one of the world's largest independent oil and gas ... companies".
Driver says confidentiality concerns prevent it from actually naming the new client but the initial agreement will run for 12 months and the overall involvement is expected to be "in excess of four years".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.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
The first assignment fee will be $2m.
The news has seen Driver's shares climb 6.8% in morning trading.
BS
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
-
What does a weak yen mean for Japanese stocks?
The Japanese yen has hit its lowest level against the US Dollar since 1986. What does it mean for its stock market?
By Alex Rankine Published
-
Nationwide cuts mortgage rates as they dip below 4% for first time since February
The building society’s cheapest deal is now priced at 3.99%. Whether you’re buying or remortgaging, we look at whether rates could drop further in the coming months
By Ruth Emery Published