Atkins JV awarded Thames Water contract
Atkins, a design, engineering and project management consultancy, has announced that its joint venture (JV) with Veolia Water and Costain has been selected as a capital delivery partner for Thames Water.
Atkins, a design, engineering and project management consultancy, has announced that its joint venture (JV) with Veolia Water and Costain has been selected as a capital delivery partner for Thames Water.
The group is expected to deliver a "significant proportion" of the £3.0bn AMP6 investment programme.
Thames Water has brought together two design and build consortia, a programme manager and a technology and innovation provider, and collectively they will be responsible for delivering essential upgrades to water pipes, treatment facilities and sewers in the London and Thames Valley regions between 2015 - 2020.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

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
Prof Dr Uwe Krueger, Atkins's Chief Executive Officer, said: "This important addition to our strong portfolio of clients is further evidence of the strength of the UK water market and will help smooth the transition between the cyclical funding periods so that key skills and capabilities are retained within the sector.
"By combining a deep knowledge of the water industry with world-leading expertise in infrastructure design and programme management, Atkins and our joint venture and alliance partners will help Thames Water achieve the good value, innovative, sustainable and effective solutions it demands for its millions of customers."
NR
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Cash in on the growth prospects of Europe's companies
Opinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
By Marcel Stotzel Published
-
Is the AI boom another dotcom bubble?
25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
By Dan McEvoy Published