on VINCI (EPA:DG)
VINCI Secures Multi-Year Road Contracts in Greater London
VINCI has won significant road service contracts in Greater London, awarded by the boroughs of Westminster and Bromley. The contracts, managed by FM Conway, a subsidiary of VINCI Construction, entail comprehensive infrastructure services valued at nearly €70 million annually.
The contract with Westminster City Council encompasses designing, constructing, inspecting, and maintaining public road infrastructure, including roads, pedestrian crossings, and lighting. This contract, initially set for eight and a half years, is valued at £52 million annually, with an option for a four-year extension.
In Bromley, FM Conway secured two contracts focusing on road maintenance and emergency works, valued at approximately £7 million each annually, over six years with a potential four-year extension.
R. H.
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