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.

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.

Start your trial of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up

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