leadf
logo-loader
viewBalfour Beatty plc
(
LSE:BBY
)

Balfour Beatty wins £110m contract from London Underground

train_track350_4d01dcfa264bd

Balfour Beatty (LON:BBY) announced that Balfour Beatty Rail has won a five-year contract to carry out track renewal work in partnership with London Underground.

The work, which will include the replacement of ballasted track, points and crossings, will commence in spring 2011.

The total value of the work to be delivered by the partnership is £220 million, of which around half will be Balfour Beatty's share.

The contract is extendable for another two years following an initial five year period.

“We are very pleased to be part of such a crucial project, working in partnership with London Underground to deliver a world-class transport system for London,” said chief executive of Balfour Beatty Ian Tyler.

Balfour Beatty Rail provides rail infrastructure services in over 20 countries.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Nexus Minerals yields up to 5 metres at 17.91 g/t gold at Wallbrook prospects

Nexus Minerals Ltd (ASX:NXM)’s Andy Tudor speaks with Proactive about its ambitious drill campaign at the Branches and Solomon prospects, part its Wallbrook Gold Project in WA. The MD noted that while this was an early-stage project “the scale of metal endowment of this large mineralised system...

15 hours, 7 minutes ago

2 min read