Re Contract

RNS Number : 1400Z

Balfour Beatty PLC

10 January 2011

 



BALFOUR BEATTY JOINT VENTURE AWARDED CROSSRAIL WHITECHAPEL AND LIVERPOOL STREET STATION TUNNELS CONTRACT

Balfour Beatty, the international infrastructure group, announces that in joint venture, it has been awarded the £235 million Whitechapel and Liverpool Street Station tunnels contract as part of the Crossrail project.

The joint venture partners, comprising Balfour Beatty, Alpine BeMo Tunnelling, Morgan Sindall and Vinci Construction, have a track record of delivering major infrastructure schemes in London and throughout the world, and will jointly provide the full range of skills, resources and technical expertise required for this complex project.  Balfour Beatty has an approximate 30% share of the joint venture.

Connecting the City and Canary Wharf, the West End and Heathrow Airport to commuter areas east and west of London, Crossrail is a major new rail link project designed to provide a world-class, affordable railway with high-frequency, convenient and accessible services across the capital.

The Whitechapel and Liverpool Street Station tunnels contract covers the construction of all station tunnels and associated works, and forms an integral part of the wider project. 

Ian Tyler, Chief Executive, Balfour Beatty, said:

"This contract will require a team with technical and resource capability, and a comprehensive understanding of both the local issues and the requirements of the key stakeholders involved.  We are therefore delighted to have been awarded this prestigious project together with our joint venture partners."

ENDS

Analyst/investor enquiries:

Basak Kotler

Balfour Beatty plc

Tel [phone]

Media enquiries:

Marjorie Hooper

Balfour Beatty plc

Tel [phone]

Notes to Editors:

1.

Balfour Beatty, ALPINE BeMo Tunnelling, Morgan Sindall and VINCI Construction have been instrumental in the delivery of major infrastructure projects in London for many years. The partners have recently been involved with the construction of the northern ticket hall and western ticket hall at Kings Cross, the East London Line Extension, Docklands Light Railway 3 Car project, T5 rail and road tunnels at Heathrow airport, DLR Woolwich Arsenal Station Extension, A3 Hindhead Tunnel and CTRL 410 North Downs Tunnel.

2.

Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group with capabilities in professional services, construction services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, continental Europe, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise. 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). The Group delivers services essential to the development, creation and care of these infrastructure assets including project design, financing and management, engineering and construction, and facilities management services. Balfour Beatty employs 50,000 people around the world.

 

END

 

 

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