Waterman Group Awarded Contract Extension with Bexley

LONDON, March 28, 2017 /PRNewswire/ --

Waterman Group is pleased to announce confirmation of a two-year extension to its existing partnering term contract with London Borough of Bexley until September 2019.

The contract is an important part of the long-term regeneration framework of the Borough's growth strategy for its economic, environmental and social regeneration.

The Infrastructure and Environment team will be supported on the contract by the Group's wholly owned subsidiary Waterman Aspen, which specialises in highway and transportation secondment services.

The contract includes the provision of traffic and transportation engineering services, civil engineering, highways and infrastructure, bridgeworks, drainage, Principal Designers (CDM 2015) and staff secondment.

Over the last twelve months, the team has successfully delivered the replacement of Bexley High Street Bridge, the second stage of Bexleyheath Town Centre Revitalisation and public realm design adjacent to the new Crossrail station at Abbey Wood.

The framework is anticipated to generate annual fees of about £1.7m to Waterman.

Nick Taylor, CEO of Waterman Group, states; "We are extremely proud of our continued collaboration with London Borough of Bexley as it now enters its 21^st year. This is one of our many prestigious frameworks in the Public sector which we look forward to developing further." 

For more information about Waterman's framework, please see the Interim Results Investor Presentation on our website http://www.watermangroup.com/investors

About Waterman Group 

Waterman Group is a multidisciplinary consultancy providing sustainable solutions to meet the planning, engineering design and project delivery needs of the property, infrastructure, environment and energy markets. Founded in 1952 and listed on the London Stock Exchange since 1988, Waterman has grown into a leading engineering and environmental consultancy with offices throughout the UK, Australia and Europe. Waterman works with government agencies, local authorities, government-regulated industries and private sector clients to provide innovative, sustainable and economic solutions across a wide spectrum of business activities. The firm has extensive experience in property and buildings, environmental consultancy, power and energy, roads, highways and rail infrastructure, urban and regional planning. Award winning teams provide professional consultancy services throughout the complete life cycle of the asset starting from initial surveys and concept planning, through to design, delivery, project management, supervision and on-going maintenance. See more information on http://www.watermangroup.com

SOURCE Waterman Group Plc