Labour specialist secures £150m Network Rail deal

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Labour specialist Ganymede Solutions has secured a £150m supply deal with Network Rail to provide frontline labour services

Ganymede Solutions Limited will enter into a contract with Network Rail to provide frontline labour services including the supply of safety-critical, track, civil, electrification and plant and signalling resources nationally.

The contract will run from 1 October 2021 for a minimum period of 5 years, up to a maximum period of 8 years and has an estimated order book value of between £100m and £150m over the term.

‘Supporting UK transportation’

Commenting on the award, RTC chief executive Andy Pendlebury, said: “This award is yet another resounding endorsement of the professional service that Ganymede continues to deliver to its long-term partner, Network Rail.

“It also vindicates the group’s long-term strategic commitment of investing alongside blue-chip clients supporting the UK transportation and wider infrastructure sector.

“Ganymede has established itself as one of the UK’s most respected frontline labour suppliers and this new long-term partnership with Network Rail both underpins this and provides a further fundamental pillar for the group’s growth plans.

“The board is extremely proud of the Ganymede team’s achievement and performance over the last 6 years, which has culminated in this outstanding further contract award which underpins management’s current expectations of trading.”

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