08:03 Mon 17 Jul 2017
Balfour Beatty PLC - BALFOUR BEATTY JV TO BE AWARDED TWO HS2 CONTRACTS
News Release
BALFOUR BEATTY JOINT VENTURE TO BE AWARDED HS2 CONTRACTS VALUED AT c.
Balfour Beatty, the international infrastructure group, today announces its notification of intent to be awarded two contracts by High Speed 2 (HS2), worth a combined total of c.
The two contracts have been awarded to Balfour Beatty's 50:50 joint venture with VINCI. Balfour Beatty VINCI will deliver Lot N1, valued at c.
The contract awards reflect the innovative and collaborative nature of the joint venture. Balfour Beatty's in-depth knowledge and expertise of British transport will be applied and complemented with the capabilities of VINCI's High Speed Tours-Bordeaux project in
Main construction work is scheduled to start in 2018/19, following a period of detailed design work.
ENDS
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Notes to editors:
· Balfour Beatty (www.balfourbeatty.com) is a leading international infrastructure group. With 30,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.
Our main geographies are the
· Balfour Beatty VINCI represents a powerhouse for critical infrastructure across Rail, transport and other iconic projects in the
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