Clancy Docwra and Kier Group JV Deliver Billions of Pounds Worth of Work for Thames Water
LONDON, February 4, 2015 /PRNewswire/ --
- Thames Water alliances sign biggest contracts in water industry history
- Partnerships feature some of Britain's biggest companies
- Ceremony in Friday today sets seal on largest contracts ever signed in UK water industry
Thames Water chief executive Martin Baggs and the CEOs and senior leaders of the partner companies gathered at the Gherkin, in the heart of the capital's financial district, to set the seal on the largest contracts ever signed in the UK water industry.
Two major new alliances KCD and Agility set to deliver billions of pounds worth of work and services for Thames Water signed long-term delivery contracts at a ceremony in London Friday.
Joint Venture KCD, made up of Clancy Docwra and Kier Group has been chosen after a rigorous and innovative selection process that broke new ground in the water industry.
Clancy Docwra Joint Chairman Kevin Clancy commented, "We're tremendously excited and proud to have our names on the contract today. What's being done here is extraordinary and it's a welcome direction that Thames Water is going in now and we look forward to being a part of something that we're sure is going to be successful."
In a move designed to transform the way Thames Water does business, it has established eight₂O and the infrastructure alliance to handle up to £4bn of capital investment programmes and network and developer services over the next five years, with an option to include other major scopes in the future.
Immediately before today's signing ceremony, Thames Water chief executive Martin Baggs hosted a meeting of all the CEOs involved in the two alliances.
He hailed the new partnerships as a fantastic opportunity, stressing all involved should be proud of the work that has been done to bring companies and joint ventures together in what he said heralded a "whole new era" for the water industry.
He said: "The alliances will change the way we work and change the mindset, but it's fantastic to have a team that's all working together, focusing on our priorities of health and safety and customer service. Problems will be problems for all of us but we'll share the benefits as well."
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