Network Rail has said that it will award two geotechnical framework contracts to be delivered by control period 6 (CP6) valued at £147M later this month.
Network Rail revealed that it had entered a standstill period for CP6 geotechnical packages on the Scotland and North East (SNE) and London North East (LNE) as it announced the first two CP6 contract awards.
The first contracts have been awrded to Story Contracting for £135M of renewals and enhancements on the SNE route, while Amco Giffen has secured a £190M deal on the LNE.
“Our CP6 contracts provide suppliers with substantial work-banks and the opportunity to be part of delivering essential improvements that will help shape the future of Britain’s rail network,” said Network Rail regional director for SNE Kris Kinnear. “Work to renew our infrastructure is increasingly important to improve reliability for our passengers and we look forward to working closely with Story and Amco Giffen to deliver this.
“Significant five-year contracts not only benefit our key supply chain partners, but the thousands of companies who work for them too, providing them with the surety they need to invest in their people, innovation and value for money.”
The awards are the first of Network Rail’s CP6 contracts to be let following the Office of Rail and Road’s final determination, which confirmed £35bn of funding for rail maintenance and renewals last week.