Milton Keynes delight for Morgan Sindall

12th Jul 2011 13:18

It is back to Milton Keynes for Morgan Sindall, the construction and regeneration specialists, which has had its framework status for major building works extended by the local council.The three-year framework has a possible one-year extension, and is for a total anticipated spend of up to £100m by the town famous for its concrete cows.Morgan Sindall will compete with two other contractors on both Lot 1 (projects over £2.5m) and Lot 2 (projects ranging from £350,000 up to £2.5m) of the framework.The framework projects will include new-build and refurbishment schemes in education and general community buildings."Frameworks continue to be important as robust, longer-term sources of projects," said Paul Smith, chief executive of Morgan Sindall.In the lunch-time trading session (12/7/11) the shares of Morgan Sindall were trading at 670.5p, down 13.5p on the day. --jh