Under the private finance initiative contract signed by Portsmouth City Council, Colas Ltd is responsible for rehabilitating and maintaining the highway infrastructure of Portsmouth. You can find out more about our key responsibilities by going to what we do.
This contract offers several advantages to everyone who lives in Portsmouth. First, it made it possible for Colas to carry out a massive regeneration programme, which was 20 to 30 times larger than the volume of work Portsmouth would have carried out before the contract was agreed. This programme was the first phase of the contract (which was signed in 2004). It was due to last five years and it finished on time in 2009.
Second, the contract sets out a very specific level of service that must be kept to at all times. If the condition of road and pavement network falls below this level, we face significant financial penalties. We must also meet rigorous specifications for day-to-day maintenance. This means, for example, that response times to repair defects are now dramatically shorter than they were before the contract started.
Third, the contract gives Portsmouth city council a degree of certainty in their annual costs, as they now know exactly how much they will pay for highway maintenance each year. This could allow them to budget more effectively for other expenditure.
You can find out how to get in touch by going to contact us. Whether you’re pleased with what we do or want to highlight a problem, we look forward to hearing from you.