Contract Win

RNS Number : 1789K
Balfour Beatty PLC
25 July 2013
 



 

 

25 July 2013

 

 

BALFOUR BEATTY CONTINUES OLYMPIC LEGACY WITH £41 MILLION

STADIUM ROOF CONTRACT

 

Balfour Beatty, the international infrastructure group, has been awarded a contract in excess of £41 million to carry out the roof reconfiguration works to the London 2012 Olympic Stadium for the E20 Stadium Partnership *, the stadium operator.

 

During the first four months of the contract Balfour Beatty will dismantle and remove the existing roof and floodlight towers.  An extensive cable net system will support the new roof which will be constructed on the floor of stadium and then lifted into position.  A number of 600 tonne cranes operating within the stadium will then tandem lift the supporting roof steelwork into place.

 

Upon completion, the roof will be twice its original size to allow all-weather protection for sports spectators and improved acoustics for concerts. A combination of solid and transparent roof coverings will allow natural light to flow through.  

 

Balfour Beatty Chief Executive, Andrew McNaughton, said:

 

"This award enables us to continue to develop our role in the London 2012 Olympic legacy.  Our utilisation of leading Building Information Modelling techniques has allowed us to develop a bespoke construction methodology that will reduce the programme risk to this technically challenging scheme.

 

"Once complete, the stadium will provide a first-class sporting and cultural facility for many generations to come."

 

Work is due to commence on site this autumn and is due for completion in the spring of 2015.  

 

The roof contract will eventually be transferred over to the successful bidder of the main conversion contract for the London 2012 Olympic Stadium which is being procured under a separate contract. 

 

In addition to this new legacy activity at the Olympic Park, Balfour Beatty is continuing to convert the London 2012 Aquatics Centre into a  facility which will be used by local communities.  Balfour Beatty is removing the temporary seating stands and replacing with glazed elevations to reveal the stunning Zaha Hadid designed building.  

 

-ENDS-

 

 

Analyst/investor enquiries:

Basak Kotler
Balfour Beatty plc
Tel. +44 (0) 20 7216 6924
basak.kotler@balfourbeatty.com

 

Media enquiries:

Maitland
Tel. +44 (0) 20 7379 5151

 

 

Notes to editors:

 

1.    *E20 Stadium Partnership, the operator of the stadium, whose principal shareholders are the London Borough of Newham and the London Legacy Development Corporation.

 

2.    Balfour Beatty (www.balfourbeatty.com) is an international infrastructure group that delivers world class services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance.

 

Our businesses draw on more than 100 years of experience to deliver the highest levels of quality, safety and technical expertise to our clients principally in the UK, the US, Southeast Asia and the Middle East. We continue to develop our business in key growth markets in South Africa, Australia, Canada, Brazil and India.

 

With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors include transportation (roads, rail and aviation), power and energy, mining, water and social infrastructure such as hospitals and schools.

 

Balfour Beatty employs 50,000 people around the world.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTRAMITMBMTBJJ
UK 100

Latest directors dealings