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Construction News
16/08/2010
Balfour Beatty's Share For Phase One Valued At £560m
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Balfour Beatty, the international infrastructure group, has announced that the Denver Transit Partners (DTP) team has reached financial close for the design, build, finance and operation (DBFO) of the Eagle P3 commuter rail project in the Denver metropolitan area of the United States for the Denver Regional Transport District (RTD).
Balfour Beatty will be responsible for a 50% or $500 million (£333 million) share of the $1 billion engineering, procurement and construction contract and a 33% or $340 million (£227 million) share of the $1 billion 29-year operations and maintenance contract.
As well as Balfour Beatty Rail and Parsons Brinckerhoff, Balfour Beatty's professional services arm, the DTP team, led by Fluor, John Laing plc, and Uberior Investments, includes transit industry experts Ames Construction, Hyundai-Rotem USA (Hyundai), Alternative Concepts, Inc. (ACI), Fluor/HDR Global Design Consultants, PBS&J, Interfleet Technology, Systra and Wabtec.
The multi-billion Eagle project includes:
(CD/KMcA)
Balfour Beatty will be responsible for a 50% or $500 million (£333 million) share of the $1 billion engineering, procurement and construction contract and a 33% or $340 million (£227 million) share of the $1 billion 29-year operations and maintenance contract.
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As well as Balfour Beatty Rail and Parsons Brinckerhoff, Balfour Beatty's professional services arm, the DTP team, led by Fluor, John Laing plc, and Uberior Investments, includes transit industry experts Ames Construction, Hyundai-Rotem USA (Hyundai), Alternative Concepts, Inc. (ACI), Fluor/HDR Global Design Consultants, PBS&J, Interfleet Technology, Systra and Wabtec.
The multi-billion Eagle project includes:
- East Corridor: a new 22.8 mile commuter rail line from Union Station to Denver International Airport
- Gold Line: a new 11.2 mile commuter rail line from Union Station to Wheat Ridge
- A two mile initial segment of the Northwest Rail Corridor
- A new commuter rail maintenance facility
(CD/KMcA)
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