Costain strikes deal with Welsh government over problem road

By Dave Rogers2021-02-17T12:34:00

Source: Shutterstock

Firm made £45m provision last year after losing arbitration hearing

Costain has reached an agreement with the Welsh government over its problem A465 Heads of the Valley road contract.

The firm, which is due to release its 2020 results in just under three weeks’ time, said the amount was in line with the £45m provision it booked last year after losing an arbitration last September.

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