May Gurney secures two new long-term framework contracts with Wessex Water

May Gurney has been awarded two new long-term framework contracts with Wessex Water under its AMP5 programme, with a combined value of up to £65m over a period of five years.

Beginning in April 2010, the contracts cover the whole Wessex Water region for an initial period of five years plus possible extensions.

The 'Strategic Grid' framework contract, valued at up to £40m, covers the reinforcement of Wessex Water's strategic supply mains system including pumping stations and large pipelines.

The 'Network' framework contract, valued at up to £25m, includes mechanical and electrical (M&E) activities associated with asset upgrade, maintenance and new build at water treatment and waste water treatment facilities.

Philip Fellowes-Prynne, chief executive of May Gurney, said: "We are delighted to have been awarded two new long-term contracts for Wessex Water, which further consolidates May Gurney's position as a leading provider of essential support services to the water industry.

“We were chosen because of our proven track record of developing successful long-term partnerships to deliver great performance, the technical expertise of our M&E teams and our industry leadership on environmental and waste management issues."

More than 95% of May Gurney's business is represented by dependable long-term contracts in the public and regulated sectors, which, together with a strong £1.4bn forward order book and healthy pipeline of future opportunities, provides high visibility of earnings.

These new long-term contract wins, coupled with the recently announced £170m long-term Integrated Water Distribution Services contract for South West Water, demonstrate May Gurney's strong utilities market position and supplement the £500m in new long-term contracts and extensions won during the first half year.