Balfour and Kier among firms eyeing £2.7bn Birmingham PFI contract

A bunch of predominant contractors, including Balfour Beatty, Kier and Colas, indulge in registered their pastime in a £2.7bn PFI highways contract in Birmingham.

The contractors will be joined by the likes of Arup, Arcadis and Tarmac at an open day for doable suppliers that will be held subsequent week. Procurement for a brand modern contractor is anticipated to formally originate up in February with the winning bidder being picked in direction of the discontinuance of 2022.

The modern contract is determined to dart till 2035 and replaces a 2025 PFI contract that Amey won in 2010, which modified into as soon as furthermore valued at £2.7bn. Amey went on to lose astronomical amounts on the settlement till lastly deciding on a £300m deal in 2019 to exit the PFI contract early. Kier took over on an intervening time foundation in April.

Since then, the council has been working with Birmingham Highways – a assorted reason car owned by Equitix and PIP Infrastructure Investments – to restructure the contract. The newly appointed contractor will take over from Kier in April 2023 with a 5-month handover length. Kier had in the origin been shrunk to work on bellow till July 2021, sooner than having its time length extended.

The modern contract will conceal repairs all the diagram thru more than 2,500km of roads and 5,000km of footways.

Contractors attracted to taking piece in the open day on 18 January are requested to e mail Michael Murray at [email protected].

Read More

Content Protection by DMCA.com

Back to top button