Balfour Beatty, the international infrastructure group, announces today that it has won work valued at £270 million in the UK highway and rail sectors.
Commenting on the contract awards today, Balfour Beatty Chief Executive, Ian Tyler, said:
"We are delighted to have been selected to deliver these contracts. We have successfully completed many other projects for each of these key customers. Our experienced regional teams will build on these strong relationships by successfully delivering the unique requirements of each."
Network Rail has selected Balfour Beatty to undertake major improvement work at Edinburgh’s Waverley Station. The £50 million contract, which is scheduled to begin in spring this year and to be completed in 2013, comprises the renovation of the 34,000 sqm glass roof and associated activities. It will provide passengers with a brighter station with new lighting and a completely reglazed roof.
Balfour Beatty has also won four significant contracts in the UK highways sector:
- The A11 Fiveways to Thetford Improvement Highways Agency Early Contractor Involvement (ECI) contract, with a scheme cost in excess of £106 million, to dual the last single carriageway section of the A11;
- Two Construction Management Framework contracts for civil engineering works in the Highways Agency’s Area 10, covering south Lancashire, Merseyside, Greater Manchester and Cheshire and Area 9, covering Herefordshire, Staffordshire, Warwickshire, Worcestershire and the West Midlands. Both contracts, which will be worth in excess of £20 million, are for four years with an option to extend them for a further three years;
- The one-year Midlands Framework 4 contract, for which Balfour Beatty is one of four contractors, is valued at £60 million to the company. The contract has a potential one-year extension. The structural works, surfacing and roadworks will be carried out in the Highways Agency’s Areas 7 and 9 in the Midlands;
- In joint venture, Balfour Beatty has been awarded the £35 million, A487 Porthmadog, Minffordd and Tremadog Bypass contract by the Welsh Assembly Government. The project, which involves the design and construction of a 5.25 kilometre single carriageway road with eight bridges and three retaining walls, is scheduled for completion in 2016.
ENDS
Analyst/media enquiries:
Duncan Murray
Balfour Beatty plc
Tel 020 7216 6865
Notes to Editors:
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Balfour Beatty Regional Civil Engineering, a key business within the UK’s leading civil engineering company, is currently working on many projects throughout the UK, including a contract to construct two new platforms at Glasgow Central Station, the Forth Bridge restoration contract, the M74 Completion project, which will complete the "missing link" in Glasgow’s motorway network, the Carlisle Northern Development Route, the M4 Variable Speed Limit project in South Wales and the Olympic-standard canoe slalom and white water rafting centre within the International Sports Village at Cardiff Bay. Birse Civils, part of Balfour Beatty Regional Civil Engineering, is responsible for the A11 Fiveways to Thetford Improvement ECI contract.
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Balfour Beatty Construction Scottish & Southern Limited is the operating company within the Balfour Beatty Group which carries out large and medium size projects in Scotland, Wales, London and the South and South West of England.
The company’s current portfolio of projects includes: the Ravenscraig Regional Sports Facility for North Lanarkshire Council; the Fife General Hospital and Maternity Services PPP project for Consort Healthcare; the framework contract to carry out Decent Homes works for Barnet Homes and a new build commercial building for Cornerstone City Developments Ltd & Northumberland City Developments at No. 1 Bartholomew Lane, London.
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Balfour Beatty is a world-class infrastructure group operating in construction services, professional services, support services and infrastructure investments.
We work in partnership with our customers principally in the UK, the US, South-East Asia and the Middle East, who value the highest levels of quality, safety and technical expertise.Our key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and
commercial (offices, leisure and retail). We deliver services essential to the
development, creation and care of these infrastructure assets including investment, project design, financing and management, engineering and construction, and facilities management services.
Balfour Beatty employs more than 50,000 people around the world.
