Ringway wins contract extensions worth up to £64m

Ringway has won contract extensions on highways maintenance work worth up to £64m.

The firm has secured a five-year extension until 30th September 2014, to its existing Bracknell Forest Council Term Works Contract. The deal is worth up to £8m a year.

Vincent Paliczka, Bracknell Forest Director of Environment, Culture and Communities said ”Contracts are won on the strength of quality submissions but extensions should be awarded on delivery results”

Meanwhile it won a two-year extension, until 31st March 2012, to its existing Highway Improvements Framework Contract for Essex County Council, worth up to £24m.