Contract Win

RNS Number : 8698J

Balfour Beatty PLC

18 June 2014

 



18 June 2014

Balfour Beatty's US Construction BUSINESS awarded $156 million design and build contract for National Science Foundation HQ

Balfour Beatty announces today that it has been selected to provide design and build services valued at US$156 million (£93 million) to construct a prestigious new headquarters in Arlington, Virginia, USA, for the National Science Foundation.

The National Science Foundation is an independent federal agency that promotes the progress of science, and funds scientific, mathematical and computer science research conducted by colleges and universities across the US.

The Class-A office and retail building in the city of Alexandria has been commissioned by Lowes Enterprises Real Estate Group on behalf of the Foundation. It will consist of two adjoined towers of 14 and 19 storeys and will include ground floor retail space with three levels of below-ground parking. Construction is scheduled to complete in 2017.  

Executive Chairman Steve Marshall said: "This appointment is further evidence of a recovering market in the US where we have a good pipeline of work and opportunities. Last year we streamlined the US construction business and established a national capability centre to share best practice to help us maximise opportunities such as this. We look forward to constructing a world class building for the National Science Foundation."

ENDS

Analyst/investor enquiries:

Anoop Kang

Tel. [phone]

[e-mail]

Media enquiries:

Dominic Cheetham

Tel. [phone]

[e-mail]

Notes to editors:

The project is designed for Leadership in Energy & Environmental Design (LEED ®) Silver certification.

About Balfour Beatty

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 and the USA, with developing businesses in Australia, Canada, the Middle East, South Africa and South East Asia.

With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors focus on infrastructure - transportation (roads, rail and aviation), power and energy, water, and complex buildings (both commercial and social).

Balfour Beatty employs 40,000 people around the world.

 

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