Contract Win

RNS Number : 4326Z

Balfour Beatty PLC

07 March 2013

 



7 March 2013

Balfour Beatty awarded £130 million rail contract

A contract in excess of £130 million to build two miles of the Crossrail route and an iconic new rail station in South East London that will deal with thousands of commuters every day has been awarded to leading international infrastructure group Balfour Beatty.

The Group confirmed today that following their involvement in the successful completion of the design phase of the Crossrail South East Section Project, Network Rail has now awarded them the contract for the final phase which will see them build the new station in Abbey Wood, including the replacement of its two existing platforms. It will also involve installing two new dedicated Crossrail lines from the station to the Plumstead portal, providing access to the new Crossrail tunnels into Canary Wharf and central London, and modifications to several bridges along the route.

The new Crossrail route will connect Maidenhead and Heathrow in the west, through new twin-bore 21 km (13 miles) tunnels below central London to Shenfield and Abbey Wood in the east.

Balfour Beatty CEO Designate, Andrew McNaughton, said: "The transportation sector, of which Rail is a key element, is an area of strategic focus for us and so we are delighted to be able to once again bring our rail and civil engineering skills to this important Crossrail project.

"During the design phase, by working with the supply chain we have already been able to make significant cost savings for the client by identifying efficiencies. Our aim now is not only to deliver the best possible facilities for Crossrail and Network Rail but ultimately and most importantly, for the commuters and travellers who will use them every day." 

As a result of their work on a number of recent partnership projects including with Network Rail on the design phase of the Crossrail South East Section Project, Balfour Beatty has been awarded the British Standard Institute's certification BS11000 for collaborative working. The internationally recognised standard is awarded to companies who demonstrate a collaborative approach to work by building sustainable relationships with partners and improving company competitiveness and performance by doing so.

The work will begin in September and is due to be completed in October 2017.

ENDS

Analyst/investor enquiries:

Basak Kotler

Balfour Beatty plc

Tel. [phone]

[e-mail]

Media enquiries:      

Maitland

Tel. [phone]

[e-mail]

Notes to editors:

Balfour Beatty (www.balfourbeatty.com) is a global 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.

 

END

 

 

MSCJFMBTMBJMTLJ