Costain bridging the gap with first major Thames crossing for 20 years

Construction firm Costain has won a contract to build the first major road crossing over the River Thames in almost 20 years.

The firm said it had received the go-ahead from Surrey County Council to construct the bridge, between Walton and Shepperton, as part of a 32.3m scheme.

The Walton bridge is due to be completed in 2013 and will replace two temporary bridges in the area.

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The Government has agreed to contribute just under 23.9m to the project with the council providing a further 8.5m.

The crossing is due to be completed by 2013 and the bridge will provide improved access to several schools, major employers and shopping centres.

Around 34,000 vehicles use the current road bridge on week days.

Costain is one of the UK's leading construction and engineering companies.

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It operates across a wide range of sectors from waste to transport.

The group said it has a strong order book.

Significant contract awards include the 397m contract for design, construction and commissioning of 44 different facilities for the Greater Manchester Waste Disposal Authority.

In addition, Costain is part of a consortium that has won a 225m contract with Southern Water to manage the design and build of a new waste water treatment works in the Brighton and Hove area.

Costain is also heavily involved in the nuclear sector and it has won a 297m contract for full engineering, procurement, construction and inactive commissioning of the Evaporator D project at Sellafield.

Earlier this month, business services group Mouchel rejected an improved takeover approach worth about 148m from Costain.