Utility services provider Fastflow has once again secured the chance to work with the sector’s giants after securing a place on another lucrative framework agreement with National Grid.
Rapidly expanding energy infrastructure business, Fastflow Energy Services (FES) – part of the Fastflow Group – is one of only five contractors to win a place on the grid’s five-year asset health framework.
All ageing assets needing an upgrade are channelled through the agreement, and FES has already been selected by National Grid to carry out upgrading and diversion works on gas transmission and security improvement projects, on both gas and electricity sites.
Neil Armstrong, owner and chief executive with the Washington-based Fastflow Group, was delighted to announce this latest contract, which will further drive up sales in the energy division, which is already in double digits within two years of being established.
Mr Armstrong said: “This is great news for our business which, within two years of launching, has grown to exceed a £10m turnover and employ over 100 people.
“We are delighted to have successfully completed a rigorous procurement process which will open up some very exciting opportunities for us whilst, at the same time, further reinforce our relationship with National Grid.”
Projects currently being carried out by FES include two diversions of a 42” gas pipeline to make way for a new rail junction on the West Coast Main Line in Staffordshire and diverting around 610 metres of main pipeline in Essex for the construction of houses, a school and other amenities.
In addition, the Lancaster diversion for National Grid and the sleeves and crossings project for Northern Gas Networks at various locations across Yorkshire have been completed on time and within budget.
FES is headed up by former Great Britain Rugby League forward Tony Cottrell, also a veteran of the pipeline industry, who has assembled a team of directors with more than 80 years of experience.
The firm is part of the Fastflow Group which also includes a Washington-based Pipeline Services (FPS) division, which specialises in services for Northumbrian Water, Scottish Water and Anglian Water.
Completing the group is the recently-acquired Oxford property maintenance operation DW Support Services, which serves clients including housing associations, London councils, government agencies, management companies, schools, universities and NHS trusts.
As a result of an increase in contracts and revenues from the strongly-performing maintenance division the 600-strong group is now forecast to turn over approximately £60m in the current financial year.