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Balfour Wins New Orders Worth £270 Million from UK Highway and Rail Sectors

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.

Source: http://www.balfourbeatty.com/

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