Kier wins two UK Contracts Worth a Combined 200m
Kier has won two lucrative contracts in the UK worth a combined £200m, including national works for the Canal & River Trust and a residental tower in London.
The Group has agreed a new £25m per annum contract with the Trust to carry out important engineering and construction works on the nation’s 200-year-old canal network, running for an initial six years, with the option to extend to 10.
Replacing the existing Omnibus contract, held by Kier, The National Engineering & Construction Contract (NECC) will deliver around £25m of construction works each year, helping to ensure that the nation’s historic waterways are safe and enjoyable for the millions of people that visit each year either by boat or on foot.
The NECC constitutes approximately 100 major construction projects and over 200 minor repair projects annually including: Channel lining, trench sheeting, and piling; culvert cleaning, lining, inspection and repair; towpath surfacing; repairs to historic locks, bridges and aqueduct repairs, including grouting; safety related reservoir works; mechanical & Electrical works; repairs to weirs on both canals and rivers; restoration schemes (which may include new build); and minor works including bridge parapet repairs and bank protection projects.
The NECC is the Trust’s largest single contract and it is anticipated that its well-established relationship with Kier, as well as Kier’s knowledge of the Trust, its values and waterways, will bring some major advantages in terms of improved efficiency and customer service.
Meanwhile, the company also landed a £50m contract from developer Knight Dragon for the design and construction of a 24-storey residential tower at the Greenwich Peninsula development in London.
Kier will construct 224 apartments as part of the major redevelopment, which includes more than 160 acres of residential, business and leisure space with nearly two miles of river frontage, in what will be a brand new district in the capital.
Webuild and Lane to build railway in Texas
Webuild, formerly known as Salini Impregilo, has announced a US$16bn agreement to build a high-speed railway between Dallas and Houston in Texas. The project has been described as the “final step” before financial closure for the company, which Webuild said was“foreseen in the coming months”.
Passengers using the 236-mile long railway, which was developed by Texas LLC, will travel in Japanese Tokaido Shinkansen bullet trains at 200mph, making one scheduled stop at Brazos Valley near Texas A&M University. This aims to shorten the total journey time between the two terminals from almost four hours to around 90 minutes, Texas LLC claims. The company hopes commercial operations will begin in 2026.
According to Webuild, the new line will aim to target an estimated 100,000 “super commuters” who travel between the two cities by car and plane every week. Webuild said it would cut greenhouse gas emissions by up to 101,000 tonnes per year.
This contract is an update on a preliminary design-build agreement signed with Texas Central LLC in 2019, valued at $14bn. The deal confirms the US as Webuild's single biggest market, comprising some 35% of the group’s total order backlog.
Around 17,000 new direct jobs will be created as a result of the project, as well as 20,000 indirect ones. U.S. suppliers from states aim to provide an estimated US$7.3bn of materials to construct the railway in conjunction with services provided by Italian suppliers.
Webuild and Lane will oversee the civil engineering works of the project. This includes the tracks themselves, the viaducts, and depot buildings.
Three facts about bullet trains
- The fastest commercially operated bullet train is not in Japan, but China. It is capable of reaching speeds of up to 268mph… with passengers onboard.
- Bullet trains are one of the safest ways to travel. Over 10bn passengers have been on board a bullet train and no-one has ever been killed on one.
- The “tunnel boom effect” is powerful enough to blow a freight train over. When a bullet train exits a tunnel at over 200mph, the resulting sonic boom effect is so strong, it could blow a normal freight train off its tracks.
Image: Texas Central LLC.