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28 Oct 2019 | 08:14

Costain awarded range of new highways contract worth over £150m

Smart infrastructure solutions company Costain said it had been awarded a range of new highways contracts in the last quarter, totalling over £150m. The projects awarded incorporate a mix of services from consultancy and digital technology solutions through to programme management and complex project delivery, the company said. Under this contract, Costain would support the improvement in capacity and connectivity across the region's strategic road network, as well as improving connections to residential areas through enhanced pedestrian and cycle route access. The delivery phase of the project commenced this month (October) and was expected to be completed in early 2023. Costain had also recently been awarded a contract by Highways England to install enhanced highways technology within three areas in the South East, the company added.

At 8:14am: (LON:COST) Costain Group PLC share price was +1.8p at 174.2p

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