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25/11/2024

Farrans Selected As Preferred Partner For £5.4Bn Supply Chain Contract

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Building and civil engineering contractor Farrans, based in Dunmurry, Northern Ireland, has been selected as one of 19 businesses as preferred partners to SP Energy Networks' record £5.4bn supply chain contract programme.

SP Energy Networks have selected the 19 companies to help them deliver the biggest rewiring of the GB electricity grid since its inception, to meet increasing demand and unlock growth.

The agreement includes up to £3bn on new overhead lines and £2.4bn on new and upgraded substations, including design, engineering, construction and electrical works.

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Farrans were chosen as a preferred partner to the Strategic Agreement for Substation Works.

The strategic partnership will run for an initial 5 years, with the option to extend up to 10, giving businesses the long-term confidence and security to in-turn invest in their own staff, equipment, technology and services over the period.

Nicola Connelly, CEO of SP Energy Networks, said: "We're delivering the biggest overhaul of the electricity grid ever seen to unlock growth and free up network capacity for new homes, businesses and clean energy projects.

"These strategic partnerships will give suppliers the confidence to invest in themselves, growing their workforce, opening new offices across the country and creating even greater opportunities for the UK."

The successful suppliers joined Nicola Connelly to sign SP Energy Networks' Delivery Charter at an event at the company's Glasgow HQ, which outlines the businesses commitment to delivering on green jobs and talent development, a positive impact on communities and a safe working environment.

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