GFJV will design and construct the remaining two junctions at Nottingham Knight and Wheatcroft with work expected to start in September 2024. It is due to finish in 2026/27.
National Highways will hold a public consultation to share the more detailed proposals and seek local views later this year.
The A52 is an important east-west link across the East Midlands.
National Highways has identified several junctions for improvement, to reduce congestion, improve pedestrian and cycle routes, make the road safer for all users, support growth in the area and provide capacity for more traffic from local developments.
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The scheme, announced in 2014 as part of the government’s Road Investment Strategy, consists of a package of measures to improve several junctions along the length of the A52 in Nottingham, including signalisation and junction reconstruction.
Senior Project Manager for National Highways in the Midlands, Nick Medlicott, said: "The announcement that we have appointed GFJV as our main contractor on the final phase of our A52 Improvements Project marks an exciting milestone in a transition which we know will make journeys smoother for motorists and support economic growth.
"We are coming into this final phase of the upgrade works in a strong position, with an ongoing collaborative relationship with our main contractor and an established team in place.
"I would also like to thank the local community for their patience and engagement during our work so far.
"We also look forward to holding public information events to ensure local communities, businesses and road users can meet members of our team in person and find out more about our plans."
