Clancy has landed a £250m deal to deliver reactive and proactive repair services for Southern Water.
The agreement will see the Middlesex-based contractor respond to emergency calls, support leakage reduction, work with housing developers and businesses, and install water meters.
The contract covers the AMP8 control period, beginning this October and lasting until 2030.
A company spokesperson confirmed to Construction News that the latest contract is unrelated to Clancy’s involvement in a £3.7bn framework announced by Southern Water last August.
Under the new contract, Clancy will be responsible for driving performance improvements and providing solutions to meet growing demand on the network while delivering value for money for customers.
Executive director Ronan Clancy, executive director at Clancy, said that Southern Water was “rightly prioritising” performance as the new control period got underway.
“Our decades of experience in water, and our culture of reimagining delivery through new approaches, tools and techniques, makes us well placed to support Southern Water in shoring up and expanding its network while maximising value for money and minimising disruption for its customers,” he said.
Stephanie Davidovitz, head of water networks at Southern Water, said the agreement prepared Clancy to meet service levels expected by customers and to deliver on its performance commitments for years to come.
“We challenged all companies bidding to work with us to provide value, efficiency and innovative ideas across a range of areas, and we look forward to a step change in performance as a result of the robust process,” she said.
Clancy was ranked 57th in this year’s CN100 table of top contractors, based on turnover of £334.5m for the year ended 31 March 2023.
In its latest results, it posted turnover of £378.5m and pre-tax profit of £20.9m, with year-on-year increases of 13 per cent and 55 per cent respectively.
In October, chief executive Matt Cannon told CN that its focus on delivery over growth had enabled it to take on repeat work in key areas – including water and energy infrastructure – where investment was growing.
