from VINCI (EPA:DG)
VINCI renews road maintenance and improvement contract in Milton Keynes in the UK
PRESS RELEASE
Nanterre, 27 May 2024
VINCI renews road maintenance and improvement contract in Milton Keynes in the UK
n Improving roads and public spaces for Milton Keynes city in Buckinghamshire
n A contract worth around €230 million (£200 million) over eight years with a potential four-year extension
The city of Milton Keynes, located in Buckinghamshire, has again awarded the contract to maintain and improve its road infrastructure to Ringway, a VINCI Construction subsidiary in the UK.
This new contract will run from September 2024 for an initial period of eight years, with two possible extension periods of two years each.
Worth around €29 million (approximately £25 million) a year, it will include all routine and seasonal road maintenance, safety inspections, emergency response and a variety of road improvements.
Ringway has been responsible for maintaining the town's 1,100 km of carriageways and 1,800 km of footways since 2014.
Ringway's long-term maintenance contracts cover more than 43,000 km of roads and 600,000 road equipment assets in villages, towns and cities in the United Kingdom.
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This press release is an official information document of the VINCI Group.