Waterman Group awarded contract extension with Bexley
Waterman Group is pleased to announce confirmation of a two-year extension to its existing partnering term contract with London Borough of Bexley until September 2019.
The contract is an important part of the long-term regeneration framework of the Borough’s growth strategy for its economic, environmental and social regeneration.
The Infrastructure and Environment team will be supported on the contract by the Group’s wholly owned subsidiary Waterman Aspen, which specialises in highway and transportation secondment services.
The contract includes the provision of traffic and transportation engineering services, civil engineering, highways and infrastructure, bridgeworks, drainage, Principal Designers (CDM 2015) and staff secondment.
Over the last twelve months, the team has successfully delivered the replacement of Bexley High Street Bridge, the second stage of Bexleyheath Town Centre Revitalisation and public realm design adjacent to the new Crossrail station at Abbey Wood.
The framework is anticipated to generate annual fees of about £1.7m to Waterman.
Nick Taylor, CEO of Waterman Group, states; “We are extremely proud of our continued collaboration with London Borough of Bexley as it now enters its 21st year. This is one of our many prestigious frameworks in the Public sector which we look forward to developing further.”
For more information about Waterman’s framework, please see the Interim Results Investor Presentation on our website www.watermangroup.com/investors