Heijmans wins 5-year Oost-Nederland waterway maintenance contract
- Wall Street slips off record highs, Tesla drops after fatal crash
- IBM (IBM) Tops Q1 EPS by 14c, Revenue Beats
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
The Dutch Ministry of Public Works and Waterways has awarded Heijmans a five-year contract for the maintenance of waterways in the central-eastern part of the Netherlands (Oost-Nederland). The performance contract covers the Boven-Rijn and Waal rivers and the Maas-Waal canal and represents a value of around € 32 million for Heijmans.
Option to extend by three years
The contract became definitive on Monday, 25 January. In addition to the initial term of five years, the contract includes an option to extend the contract for an additional term of three years. From Q3 2021, Heijmans will carry out daily work on the above-mentioned waterways. This will include waterway maintenance (dredging), bank maintenance (breakwaters, longitudinal dams, extended banks, bank walls), the maintenance of pavements and moorings in overnight mooring facilities), and the inspection, monitoring and repair of damage and trouble-shooting.
Highest score for sustainability
When deciding on the tender, the Ministry of Public Works and Waterways looked beyond the costs of the contract to companies’ potential contribution to the improvement of the asset management and on the sustainability front. On the basis of the Best Price-Quality Ratio, Heijmans emerged as the best in these areas. On the sustainability front, Heijmans scored the highest according to the so-called Environmental Costs Indicator. The Ministry uses this benchmark – which looks among other things at circularity – to reduce the total environmental impact of the execution of a project.
Everyone wants clean air, to live in a nice neighbourhood, to work in a good workplace and to be able to travel safely from A to B. By making things better, more sustainable and smarter, Heijmans is creating that healthy living environment. Jan Heijmans started as a road builder in 1923. Today, Heijmans is a stock exchange-listed company that combines activities in property development, building & technology and infrastructure. In addition to this, we work safely and we add value to the places where we are active. This is how we build the spatial contours of tomorrow together with our clients: www.heijmans.nl/en/
For more information / not for publication:
Jeroen van den Berk
+31 73 543 52 17
+ 31 73 543 52 17
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Vallourec: Shareholders’ General Meeting Approves Resolutions Necessary for the Implementation of the Financial Restructuring Plan With a Very Large Majority
- First quarter of 2021
- VALLOUREC : L’ASSEMBLEE GENERALE DES ACTIONNAIRES APPROUVE LES RESOLUTIONS NECESSAIRES A LA MISE EN ŒUVRE DU PLAN DE RESTRUCTURATION FINANCIERE A UNE TRES LARGE MAJORITE