NEW £17 MILLION CONTRACTS MEANS FURTHER SAVINGS FOR NETWORK RAIL

Thursday 7 Sep 2006

NEW £17 MILLION CONTRACTS MEANS FURTHER SAVINGS FOR NETWORK RAIL

Region & Route:: National

Major savings are set to be achieved following the award of contracts valued at around £17 million annually to Harsco Track Technologies. The contracts, which aim to deliver cost savings in excess of 10% in the first year, are for the operation and maintenance of five switch and crossing railgrinders, and the maintenance of Network Rail’s fleet of 18 plainline stoneblowers. Richard Fenny, Maintenance Director, said: “The award of these contracts is yet another example of Network Rail driving efficiencies throughout its business and making the most of our assets. We are delivering a more reliable infrastructure and better train punctuality while meeting stringent targets set for us by the independent regulator.” Railgrinders and stoneblowers are extremely effective pieces of machinery that help to deliver good rail profile and alignment of the track. They form an important part of Network Rail asset stewardship strategy and helping to deliver a smooth and reliable journey for passengers. The contracts are for two and a half years.

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We own, operate and develop Britain's railway infrastructure; that's 20,000 miles of track, 30,000 bridges, tunnels and viaducts and the thousands of signals, level crossings and stations. We run 20 of the UK's largest stations while all the others, over 2,500, are run by the country's train operating companies.

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