The seven-year contract, which has an option to extend by up to three years, will begin in October.
As part of the deal, apprenticeship and work placements for Croydon residents will be available and jobs will be advertised in the borough before being offered to the wider public. In addition, funding will be provided to help with community projects, days set aside for community volunteering, training days for small companies and a commitment to employ applicants from priority groups and support those with disabilities.
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James Tallon, Term Maintenance Director at FM Conway, said: "This contract win is testament to our expertise and strong position within the London market. It's an exciting time to be working and living in Croydon which, as the Mayor of London's first ‘Growth Zone', is set to see significant investment in transport infrastructure and public spaces in the coming years.
"Our focus will be on supporting the Council's ambitious regeneration programme, bringing our extensive expertise as a partner to London's boroughs to bear to deliver services innovatively and efficiently in a way that maximises investment and ultimately improves the experience of road users in Croydon."
Cllr Stuart King added: "This new partnership will offer unique opportunities for our residents while delivering highway improvements.
"This contract will secure maintenance for our road network for years to come, keeping our highways to an excellent, safe and reliable standard."
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