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2003-06-20 NET-001
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Network Rail names preferred bidders for five year track renewals contracts


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Network Rail

Network Rail names preferred bidders for five year track renewals contracts
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date
20 June 2003
source Network Rail
type Press release



National

Network Rail has announced the preferred bidders for a series of five-year track renewal contracts for the rail infrastructure. The multi-million pound contracts represent a key element of the company’s cost reduction strategy and will deliver significant improvements in value for money. In addition, the contracts are an integral part of Network Rail’s drive to improve the condition of its assets and catch up on the backlog of track renewals resulting from years of under investment.

The 11 geographically based contracts have a combined value estimated at £500M a year. The contracts will incorporate new methods of working to ensure more efficient delivery of renewals through improved specification, optimising of job lengths, better utilisation of track access and resources, competitive pricing and benchmarking unit rates for standardised work types.
Network Rail Chief Executive John Armitt said: “The award of these contracts is a significant step toward our goal of reducing and controlling costs, whilst delivering a safe and efficient railway. Renewals work and reducing the average age of the assets is fundamental to improving the tolerance of a fragile network following years of under investment ”

Final contract award is subject to successful negotiations of detailed contract terms and conditions. The preferred bidders are:
Plain Line Track Renewals

Network Rail Region Preferred Bidder
Scotland First Engineering
North West First Engineering
London North Eastern Jarvis
Midlands Grant Rail & Carillion
Great Western AmeySECO
Anglia Balfour Beatty
Southern Grant Rail & Balfour Beatty

Switch & Crossing Installation Contracts
Network Rail Region Preferred Bidders
Scotland / London North Eastern / Anglia Balfour Beatty & Jarvis
Midlands / North West Carillion & Grant Rail
Great Western Carillion & Jarvis
Southern Balfour Beatty & Grant Rail

Contact information

Media Relations (National)
020 3356 8700
mediarelations@networkrail.co.uk


Railhub Archive ::: 2003-06-20 NET-001





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