(Sharecast News) - Costain said on Monday that it has been appointed by water company United Utilities to work as its Managed Service Provider (MSP) for a further two years, from May 2024 to May 2026.

The contract extension also has an option to be extended for a further three years and builds on the original five-year MSP contract awarded in 2019.

Costain noted that since 2019, it has provided management and asset maintenance activities throughout the north-west at 96 water treatment sites, 575 wastewater treatment sites, pumping stations and service reservoirs which serve over seven million people.

Sam White, managing director of Natural Resources at Costain, said: "This is a strategically important contract for Costain. We've already delivered big improvements working together with United Utilities on the MSP Framework, leveraging increased automation of data processing and insights to enhance our service delivery.

"I'm delighted that we'll be continuing this relationship to help United Utilities ensure a sustainable, resilient and efficient service for its customers."