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Balfour Beatty: Consortium Named M25 Preferred Bidder

May 8, 2008 10:32:12 (ET)


Edited Press Release

LONDON (Dow Jones)--Balfour Beatty, an engineering, construction, services and investment group, Thursday announced that Connect Plus, a consortium comprising Balfour Beatty (40%), Skanska (40%), Atkins (10%) and Egis Projects SA (10%), has been appointed provisional preferred bidder for the PPP contract to provide additional capacity and maintain the M25.

The award of the contract is expected later this year.

The programme will focus on adding capacity to 63 miles of the M25 and will help deliver substantial improvements to one of the UK's busiest and most important roads.

(END) Dow Jones Newswires

May 08, 2008 10:32 ET (14:32 GMT)