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Construction News
14/06/2012
Balfour Beatty JV Awarded £300m Highways Agency Contract
Balfour Beatty, the international infrastructure group, has been awarded a £300 million contract to operate, maintain and improve part of the Highways Agency’s strategic route network in the Northwest, in a 70:30 joint venture with Mott MacDonald, mobilised in November 2012. The JV will maintain and improve over 500km of motorway and trunk roads in Manchester, Cheshire, Merseyside and parts of Lancashire.
The Area 10 Asset Support Contract (ASC) runs over the next five years and adds to Balfour Beatty Mott MacDonald’s current portfolio which includes the Area 4 contract in the South East. Balfour Beatty is a leading partner in the design, finance, operation and maintenance of the strategic route network in England and the key partner in the current M25 DBFO contract, the largest of its kind in the UK, as well as several DBFO contracts in the North and South West.
Balfour Beatty Chief Executive, Ian Tyler, said: "In awarding this contract to our joint venture, the Highways Agency has recognised our excellent track record in delivering high profile projects for the highways sector. As a Group, we are committed to growing our share of the transport maintenance market, both in the UK and overseas and are one of the longest established providers in this vital service-led sector."
(CD)
The Area 10 Asset Support Contract (ASC) runs over the next five years and adds to Balfour Beatty Mott MacDonald’s current portfolio which includes the Area 4 contract in the South East. Balfour Beatty is a leading partner in the design, finance, operation and maintenance of the strategic route network in England and the key partner in the current M25 DBFO contract, the largest of its kind in the UK, as well as several DBFO contracts in the North and South West.
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Balfour Beatty Chief Executive, Ian Tyler, said: "In awarding this contract to our joint venture, the Highways Agency has recognised our excellent track record in delivering high profile projects for the highways sector. As a Group, we are committed to growing our share of the transport maintenance market, both in the UK and overseas and are one of the longest established providers in this vital service-led sector."
(CD)
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