Contract Win

RNS Number : 8646X

Balfour Beatty PLC

24 August 2009

 



24 August 2009

BALFOUR BEATTY JOINT VENTURE SELECTED FOR US$415 MILLION ROAD PROJECT IN TEXAS

Balfour Beatty, the international engineering, construction, investment and services Group, announces today that Balfour Beatty Infrastructure Inc., its US civil engineering contractor, has been selected by the North Texas Tollway Authority (NTTA) to work on a major design-build road project in the Dallas-Fort Worth region. 

The contract for phase four of the State Highway 161 Tollway is expected to be around $415 million (£252 million) and will be carried out by a joint venture between Balfour Beatty Infrastructure and Fluor. 

Work will consist of two new main lanes of approximately 6.5 miles from Interstate Highway 20 to north of Interstate Highway 30, along with direct connector ramps, slip ramps, overpass bridges and underpass bridges. 

Commenting on the award today, Balfour Beatty Chief Executive, Ian Tyler, said:

'This contract further enhances our position as a leading highways and tollway contractor in Texas and builds on our relationship with the NTTA for whom we have completed several successful projects.'

Design work on SH161 is scheduled to begin in September 2009. 

Balfour Beatty's activities in the US now account for 30% of Group revenue.

-ENDS-

Analyst/media enquiries:

Duncan Murray

Balfour Beatty plc

Tel: [phone]

www.balfourbeatty.com

Notes to Editors: 

1.  Balfour Beatty Infrastructure Inc. is the Group's civil and specialist engineering contractor in the US, based in Atlanta. Its principal activities are in Texas and California. 

Balfour Beatty recently completed the construction of the $1.1 billion SH130 highways project near Austin and is currently responsible for the design and build of the $330 million 281 North Toll Highways project, both in joint venture with Fluor.

Other major civil engineering projects currently in hand include the $140million SH45 highway project, also near Austin; three major water contracts in California with a total value of $420 million; and a $146 million tunnelling contract in North Dorchester, south of Boston. 

2. Balfour Beatty's activities in the US now account for 30% of Group revenue, with leading positions in building and construction markets in Florida, Texas, Washington DC and North Carolina; in military privatisation housing projects nationwide; in professional and technical service provision to the major building market; and in the California and Texas civil engineering markets. It is also a nationwide rail contractor, serving the mass transit, Class 1 and private service markets.

3.  Balfour Beatty is a world class engineering, construction, services and investment business, well-positioned in infrastructure markets which offer significant long-term growth. We work in partnership with sophisticated customers who value the highest levels of quality, safety and technical expertise. Our skills are applied in appropriate combinations to meet individual customer need. 

 

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