21st Sep 2015 06:17
LONDON (Alliance News) - Construction and support services company Balfour Beatty PLC on Monday said its joint venture with FTSE 250 peer Carillion PLC has won a GBP292.0 million contract with Highways England.
Under the deal, the Balfour-Carillion joint venture will handle the construction work on the upgrade of the A14 between Swavesey and Milton, part of the wider A14 Cambridge to Huntingdon improvement scheme.
The work involves widening a stretch of the A14, along with junction rebuilds and a number of services diversions.
"This is a complex project and our joint venture brings proven expertise and experience in working as part of an integrated delivery model - something which is going to be crucial for the successful delivery of this project," said Leo Quinn, Balfour's chief executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
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