Network Rail has confirmed the contractors for the first multi-million pound contracts in Control Period 6 (CP6).
The next control period will commence in April and last for five years; the investment is close approximately £35 billion and will be the largest amount ever spent on Britain’s railways in one five-year period.
After the Office of Rail and Road (ORR) published its final determination regarding what Network Rail should deliver in the next control period – and the amount that should be spent – the infrastructure manager of Britain’s rail network has now outlined which contractors will work on the first wave of projects.
Worth £645 million, the first set of contracts are part of framework 1, which focuses on renewals and enhancements on the rail network.
Comprising of three Lots, two have been announced.
The successful bidder for Lot 2 is Story Contracting, who will provide enhancements and renewals throughout Scotland, with the projects worth £135 million.
Lot 3 meanwhile has been secured by AmcoGiffen, who will deliver work on the London North East route, which will cost £190 million.
These projects will include work such as replacing and refurbishing structures throughout the route, while delivering station improvements.
Before the year is out, Network Rail will announce which contractor will work on Lot 1 on the framework, which is the most significant work-bank in the Scotland and North East (SNE) renewals and enhancements framework.
This is valued at £320 million.
Elsewhere, SNE will also announce the award of the £147 million Geotech framework before the end of 2018.
Kris Kinnear, Deputy Regional Director for SNE, commented: “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.
“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 people, innovation and value for money.”