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Quanta Bolsters Huge Utility Contract

Quanta Services Inc., Houston, Texas, and Northeast Utilities (NU), Berlin, Conn., are adding $200 million in services and an extension of two years to their existing multi-year contract under which Quanta is providing transmission infrastructure services related to NU's transmission build-out through 2015.

The anticipated value of the original contract, signed in December 2007, was $750 million and it extended from 2008 to 2013. With this recent expansion, the anticipated value of the contract is now $950 million through 2015. Under the now eight-year contract, Quanta will continue to provide labor, equipment and general project management for NU's transmission projects throughout New England.

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