Under the Control Period 6 (2019-2024), Network Rail awarded the first contracts, valuated at £645 million (EUR 724.2 million) envisaging infrastructure works.
Story Contracting has successfully acquired ‘Lot 2’ covering renewals and enhancements work in Scotland valued at around £135 million (EUR 151.6 million), while AmcoGiffen have secured ‘Lot 3’ to deliver work on the London North East route valued at around £190 million (EUR 213.3 million). The framework will complete a wide range of projects including replacing and refurbishing structures across the route and delivering improvements at stations.
The remaining and most significant work-bank in the Scotland and North East (SNE) renewals and enhancements framework, ‘Lot 1’, will be announced later this year and is valued at a further £320 million (EUR 359,3 million). In addition to the framework covering renewals and enhancements, SNE is also set to announce the award of its £147m Geotech framework later this month.
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 £35 billion (EUR 39.3 billion) of funding for rail maintenance and renewals.
Scotland North East and Southern regions are anticipated to hold the largest work-banks for the coming five-years, with over £5 billion (EUR 5.6 billion) of renewals spend estimated per region in addition to substantial network wide upgrades. Southern will be the next region to announce its contract awards next month.