REG - Costain Group PLC - Costain wins place on £700m TfL framework

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RNS Number : 4718H  Costain Group PLC  09 June 2026

 

Costain Group PLC

9 June 2026

 

Costain wins place on £700m Transport for London framework

 

 

Costain Group PLC ("Costain") today announces that it has been selected by
Transport for London ("TfL") as one of three contractors on
its Infrastructure Improvement Framework, which carries a total value
of approximately £700m. Projects will be awarded over a two-year
term, with an option of a two-year extension.

The multi-discipline framework will see Costain provide a range of services,
including design, engineering, programme delivery and supply chain management.
The framework will allow for the delivery of major complex transportation
infrastructure across the capital, such as upgrade work at South Kensington
tube station and works to enable TfL's step-free access programme.

The award continues Costain's long-standing partnership with TfL which now
extends over 25 years, including recent road projects such as the successful
refurbishment of the A40 Westway and an ongoing refurbishment project at Brent
Cross Interchange.

Alex Vaughan, Chief Executive Officer of Costain, commented: "We are a
trusted, long-term partner of Transport for London, and our growing
relationship with this important customer is testament to our proven track
record in delivering best-in-class infrastructure services across the capital.

"Upgrading London's transport network is critical for a more prosperous,
resilient, and decarbonised UK. We look forward to bringing our capabilities
in engineering, design and construction to deliver high-impact projects on
time and on budget, underpinning London's growth for future
generations."

Enquiries

 

 

 Investors and analysts      matt.jones@costain.com

 Matt Jones, Costain         +44 (0) 7860 922341
 Financial media - Headland  costain@headlandconsultancy.com
 Andy Rivett-Carnac          +44 (0) 7968 997 365

 Charlie Twigg               +44 (0) 7946 494 568

 

Notes to editors

 

Costain improves people's lives by creating connected, sustainable
infrastructure that enables people and the planet to thrive. Through the
delivery of predictable, best-in-class solutions across the transport, water,
energy and defence markets, we are creating a sustainable future and securing
a more prosperous, resilient and decarbonised UK.

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