Morgan Sindall JV bags Sellafield contract
Morgan Sindall, the construction and regeneration group, said its joint venture with Arup Group has been selected as a preferred delivery partner for a range of services at the Sellafield nuclear site.
Morgan Sindall, the construction and regeneration group, said its joint venture with Arup Group has been selected as a preferred delivery partner for a range of services at the Sellafield nuclear site.
The contract, potentially worth £1.1bn, requires Morgan Sindall and Arup to assist in improving and developing key infrastructure at the nuclear plant in Cumbria.
Services to be provided include the maintenance of steam and electricity generation, water supply, chemical storage and distribution, drainage networks and all transport infrastructure at the site. The contract is expected to be signed later in the year, for an initial five year period, with an option to extend the contract for a further 10 years.
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
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Zoopla: 21 tenants competing for each rental – is buy-to-let worth it for landlords?
News Research by Zoopla shows rental growth has halved but some parts of the UK are still providing double-digit gains for landlords
By Marc Shoffman Published
-
Major lenders reduce time window to lock in new mortgage deal - are you affected?
Mortgage customers now have less time to select a new mortgage rate when their current deal expires. We have all the details
By Ruth Emery Published