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Friday, May 3, 2024

Costain forms JV with Babcock & Alstom

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Costain has formed a joint venture with Babcock and Alstom in a bid to win major contracts associated with upcoming electrification projects, such as the Great Western Main Line and the Edinburgh to Glasgow route.

A number of large schemes have either been put out to tender or are due to be over the coming months.

By forming a joint force the three companies have responded to Network Rail’s new procurement procedures, which place a greater emphasis on collaborative working.

The new procurement guidelines also allow for a greater input from contractors during a scheme’s first stages, making sure their expertise is put to good use before the final design is decided.

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