Press Release

Balfour Beatty awarded four-year framework with Hackney Homes

13 July 2010

UK

Balfour Beatty, the international infrastructure group, announces today that Mansell, the UK construction services business, has been appointed as one of three contractors to a £220 million four-year framework for the London Borough of Hackney and Hackney Homes’ Decent Homes programme.

Mansell’s share of the framework will be worth approximately £73 million.

The programme will involve investment in existing housing stock and maintenance including external works and internal modifications to residential properties across the London Borough of Hackney. Mansell will also manage the specialist supply chain in collaboration with Hackney Homes. Work is scheduled to commence in October 2010.

Commenting today Balfour Beatty Chief Executive, Ian Tyler, said:

“We are delighted to have been appointed to this framework and look forward to continuing our long-standing relationship with Hackney Homes and the local community to deliver improved housing for residents.”

ENDS

Analyst/media enquiries:

Duncan Murray
Balfour Beatty plc
Tel. 020 7216 6865

Notes to Editors:

  1. Mansell is a construction services business of Balfour Beatty plc with over 2,200 employees, a turnover in excess of £850 million and offices based across the UK.

    Mansell has a long-term sustainable customer base in both the public and private sectors and operates in markets ranging from affordable housing, senior living, education, health, defence, airports, rail, commercial, to culture and heritage.

    Projects range from smaller refurbishment projects to multi-million pound developments and the company has a presence on a large number of framework contracts.

  2. Balfour Beatty’s current portfolio of affordable housing work includes a £57 million contract for Sandwell Metropolitan Borough Council and Riverside Housing Association to build new homes and refurbish several hundred properties on estates in West Bromwich, a £17.7 million contract with First Base to construct a residential development in North London and a £10.1 million contract with Peabody for a mixed residential scheme at their historic Pimlico estate, London.

    Balfour Beatty also has a presence on numerous local authority and housing association frameworks across the UK including a £35 million contract for Hammersmith & Fulham Homes to carry out internal improvements to homes within the Hounslow area, a £47 million contract for Barnet Homes and a £30 million contract for Homes for Islington for internal improvements, external repairs and environmental improvement works to housing stock.

  3. Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group operating in construction services, professional services, support services and infrastructure investments.

    We work in partnership with our customers principally in the UK, the US, South-East Asia and the Middle East, who value the highest levels of quality, safety and technical expertise.

    Our key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail). We deliver services essential to the development, creation and care of these infrastructure assets including investment, project design, financing and management, engineering and construction, and facilities management services.

    Balfour Beatty employs more than 50,000 people around the world.

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