Carillion selected for Highways Agency collaborative delivery framework

10th Nov 2014 08:55

Carillion has been selected by the Highways Agency (HA) as one of five contractors that will deliver highway schemes with values between £100m and £450m as part of the HA's collaborative delivery framework (CDF).FTSE 250-listed Carillion expects to generate up to around £500m of revenue from the CDF over the five-year period. The appointment is expected to create a substantial number of new apprenticeship opportunities within the company.Chief executive Richard Howson said: "We are delighted to have been selected to deliver the largest category of contracts under the Highway's Agency's new Collaborative Delivery Framework, which is consistent with our selective approach of focusing on large contracts and long-term customers."We look forward to continuing the strong partnership we have developed with the Agency to deliver this important programme."The CDF, under which the HA plans to invest around £5bn in England's motorways and major A roads over the next five years, is the largest framework it has ever awarded. Of the £5bn of planned investment, approximately £2.7bn will be spent on schemes valued at between £100m and £450m. Shares had risen 0.84% to 337.70p by 09:01.