BICC PLC
21 September 1999
NEW BALFOUR BEATTY CONTRACTS IN ROAD BUILDING AND ROAD MANAGEMENT
-----------------------------------------------------------------
Balfour Beatty, the construction, engineering and services group, announces
today that it has been awarded the $67 million US 59/Fort Bend County road
construction project by the Texas Department of Transportation. This new
contract is further evidence of Balfour Beatty's growing strength as a leader
in civil engineering projects in the USA.
The project will involve the total reconstruction of the 4.1 km two-lane dual
main line freeway located on the south-west side of Houston, Texas, to a four-
lane dual carriageway.
Also announced today is the appointment of Raynesway Construction, the term
maintenance arm of Balfour Beatty, as preferred bidder for Worcestershire's
Highway and Vehicle Maintenance. The contract is for £30 million over five
years.
Balfour Beatty is already responsible for road management and maintenance
contracts for local authorities in Buckinghamshire, Bedfordshire, Hampshire
and Surrey (some 19,000 km in all) and for the Highways Agency in Avon,
Gloucestershire, Hampshire, Surrey, West Sussex and parts of Wiltshire,
Somerset, Oxfordshire, Berkshire and Dorset. In addition, it manages and
maintains the group's Design, Build, Finance and Operate concessions in
Yorkshire, Derbyshire, Devon and Dorset.
Enquiries to:
Tim Sharp
BICC Group
Tel: 0171 629 6622
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.