Kier scores 10-year contract with four East Sussex councils
Construction and engineering giant Kier has been awarded a 10-year environmental services contract with four councils in East Sussex.
Construction and engineering giant Kier has been awarded a 10-year environmental services contract with four councils in East Sussex.
The contract, which is valued at £120m, or £12m per annum, also has an optional 10-year extension.
Under the contract, which covers almost 200,000 properties, the firm will deliver waste and recycling collections, street cleansing, and beach cleaning, as well as the management and marketing of collected recycling.
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
Services at Eastbourne and Wealden will begin in April 2013, followed by Hastings in July of the same year and Rother in April 2014.
Kier Group Chief Executive, Paul Sheffield, said: "We are delighted to have been selected by the partnership for this contract, which will draw on our many strengths in urban and rural waste management, along with our experience in beach and street cleaning.
"We intend to unify the provision of services across the partnership area in order to provide best value for residents and a truly integrated environmental service."
-
Zoopla: housing market recovery continuing amid brighter 2024 outlook
The Zoopla House Price Index has found sellers are still accepting five-figure discounts on their properties. But house price inflation is improving.
By Henry Sandercock Published
-
Revealed: the best funds to buy before the end of the tax year
Looking to add more investments to your portfolio but not sure where to start? We reveal the best funds to buy now as the end of the tax year edges closer.
By Katie Williams Published