Balfour Beatty wins multi million contract

BALFOUR Beatty, the country's market leader in big-ticket construction projects, has been awarded a five-year rail renewal contract in partnership with London's underground rail system.

The total value of the work to be delivered with London Underground is 220m, said the company in a statement on Thursday, of which around half will be Balfour Beatty's share.

Work is expected to start in Spring 2011 and there is an option to extend the contract for a further two years after the initial five-year period, the company said.

The work will include the replacement of ballasted track, points and crossings on the network.