CONSTRUCTION firms Kier Group and Clancy Docwra have been named, in a joint venture, as a preferred bidder for Thames Water’s new £1bn alliance.
The joint venture, KCD, will work alongside Agility, which comprises of J Murphy & Sons and Morrison Utility Services.
The contract is expected to commence in April 2015 and will run for up to 15 years. Paul Fletcher, KCD director, said: “The alliance should provide an innovative and forward-thinking way to deliver comprehensive asset management services; enabling Thames Water to maximise the performance of its network, so we are very much looking forward to starting work with them.”
Drew Ritchie, Agility Alliance director, said: “This is a fantastic opportunity to partner with Thames Water to drive up standards in safety, further improve customer service and deliver efficiencies through innovation, sustainability and best practice.” And Bob Collington, Thames Water managing director of wholesale water, said the two alliances would “create aligned goals and objectives throughout the supply chain”.
He added: “I am determined to ensure that investment and delivery are customer-focused at all times. By bringing greater innovation to process and techniques, I hope we can build on the past to improve performance further in the future.”
Kier Group’s share price went up by 2.4 per cent yesterday.