FM Conway has been awarded the Term Maintenance contract for the London Borough of Southwark.

The contract, worth more than £70 million, is for delivery of both planned and reactive works until 2026 with an option to extend to 2028, the company has said.

The new contract has demanding targets including demonstrating added social value, extensive carbon emission monitoring, and the development of enhanced technological delivery. Added social value was a significant element of the tender, ensuring residents and business benefitted directly and indirectly from the Council’s spending, an integral part of both Southwark and FM Conway’s core values, says the company.

FM Conway reports that the planned works for the years ahead includes but are not limited to, major regeneration projects in Canada Water, Elephant and Castle and Old Kent Road. Southwark is in one of the most diverse of the London Boroughs, and will no doubt present many different opportunities. FM Conway says: “it will strive to assist Southwark Council to help businesses and communities to thrive, promote local skills and employment, and continue to deliver an award-winning standard of service.”

James Tallon, Term Maintenance Director at FM Conway said: “We are delighted to continue our long-term partnership with Southwark Council. Over the past 15 of years we have built up a detailed understanding of the area, the residents, the visitors and the local character of the borough and we look forward to an exciting future building on our past successes and driving new innovations and sustainable solutions to the benefit of everyone in Southwark.”

Southwark Cllr Richard Livingstone said: “We look forward to working with FM Conway as we move forward with our plans to make our roads safer, promote more sustainable travel and tackle the Climate Emergency in Southwark.”