Galliford Try Holdings PLC (LSE:GFRD) has won an £85mln contract to build a new road connecting branches of the A606 around the north-east edge of Melton Mowbray.
The construction group's Highways business has been appointed on the contract from Leicestershire County Council, procured through the Midlands Highways Alliance and part-funded by the Department for Transport.
The new North East Melton Mowbray distributor road is designed to create a new through-route and reduce congestion in the town centre.
Bill Hocking, chief executive of Galliford Try, commented: "We are delighted to be working once again with Leicestershire on another major roads scheme."
"Our sustainable growth strategy is built on collaborative working partnerships with central and local government and our frameworks, and this project is more evidence of the success of that approach."