Balfour Beatty to replace Ringway on £176m Bucks highways deal
Balfour Beatty to replace Ringway on £176m Bucks highways deal
Abstract
Ringway Jacobs has been working on the county’s highways for the last 13 years under the Transport for Buckinghamshire contract. The new contract will run for an initial eight year period with the option to extend for a further four years. Balfour Beatty will be responsible for the upkeep of street lighting, traffic signals, gullies and drainage, and winter maintenance services including gritting. The new deal will run.
- News |
- Balfour-Beatty |
- Buckinghamshire |
- construction |
- highways |
- Jacobs |
- Ringway
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Balfour will take over on 1 April 2023 when the council’s current agreement with Ringway Jacobs comes to an end. The new contractor will work closely with the council and alongside newly appointed design contractors, who will be announced later this year, to deliver the ongoing programme of maintenance, investment and improvement to the county’s 5,000km of roads, carriageways, footpaths and cycle routes. Steven Broadbent, Cabinet Member for Transport said: “We are pleased to announce tha...
Balfour will take over on 1 April 2023 when the council’s current agreement with Ringway Jacobs comes to an end. The new contractor will work closely with the council and alongside newly appointed design contractors, who will be announced later this year, to deliver the ongoing programme of maintenance, investment and improvement to the county’s 5,000km of roads, carriageways, footpaths and cycle routes. Steven Broadbent, Cabinet Member for Transport said: “We are pleased to announce tha...
There is an option to extend the seven-year contract by a further seven years worth up to a total value of £730m. Balfour beat off competition from rival bidders Colas and Ringway Jacobs to land the deal to replace current contractor Costain and Jacobs from May 2023. Balfour will work alongside East Sussex County Council to maintain the county’s highway network and infrastructure, including roads, pavements, drainage, streetlights, traffic lights and bridges. The company will also provide w...
There is an option to extend the seven-year contract by a further seven years worth up to a total value of £730m. Balfour beat off competition from rival bidders Colas and Ringway Jacobs to land the deal to replace current contractor Costain and Jacobs from May 2023. Balfour will work alongside East Sussex County Council to maintain the county’s highway network and infrastructure, including roads, pavements, drainage, streetlights, traffic lights and bridges. The company will also provide w...
The international infrastructure group has been awarded a c. £50 million contract to deliver essential upgrade works to London Underground’s Piccadilly line. The contract is the first of several packages to be let under the new ‘London Underground High Voltage (HV) Power framework’, to which Balfour Beatty was appointed to earlier this year. The framework will run for a period of six years, with a potential to extend by a further two years. Under the contract terms, Balfour Beatty will be...
The international infrastructure group has been awarded a c. £50 million contract to deliver essential upgrade works to London Underground’s Piccadilly line. The contract is the first of several packages to be let under the new ‘London Underground High Voltage (HV) Power framework’, to which Balfour Beatty was appointed to earlier this year. The framework will run for a period of six years, with a potential to extend by a further two years. Under the contract terms, Balfour Beatty will be...
Officials say the Maryland facility will not follow "a standard design."
Officials say the Maryland facility will not follow "a standard design."
Dive Brief:
London-based contractor Balfour Beatty revealed steady half-year results Wednesday amid a shaky global economic environment that potentially portends a recession.
The company posted flat revenue on the half-year results at $4.99 billion (£4.1 billion), a slight decrease from $5 billion in HY 2021. Underlying profit from operations rose to $102.3 million in the half year, up from $72.2 million year over year (YoY).
The company’s order book, or backlog, rose to $21.3 billion, up fr...
Dive Brief:
London-based contractor Balfour Beatty revealed steady half-year results Wednesday amid a shaky global economic environment that potentially portends a recession.
The company posted flat revenue on the half-year results at $4.99 billion (£4.1 billion), a slight decrease from $5 billion in HY 2021. Underlying profit from operations rose to $102.3 million in the half year, up from $72.2 million year over year (YoY).
The company’s order book, or backlog, rose to $21.3 billion, up fr...
The construction business turnaround after last year’s London property project writedowns helped the group to more than double pre-tax profit from all operations to £82m from revenue which remained flat at £4.1bn. At UK construction, revenue slipped to £1.24bn with higher volumes on HS2 helping to replace lower volumes from buildings and the deferral of a number of highway projects. Overall operation margins at the division reached 1.5% and are expected to improve further over the year de...
The construction business turnaround after last year’s London property project writedowns helped the group to more than double pre-tax profit from all operations to £82m from revenue which remained flat at £4.1bn. At UK construction, revenue slipped to £1.24bn with higher volumes on HS2 helping to replace lower volumes from buildings and the deferral of a number of highway projects. Overall operation margins at the division reached 1.5% and are expected to improve further over the year de...
A Senate subcommittee report highlighted problems with military housing managed by the firm, possibly even after it pleaded guilty to a fraud charge last year.
A Senate subcommittee report highlighted problems with military housing managed by the firm, possibly even after it pleaded guilty to a fraud charge last year.
Mumford joins Balfour Beatty from National Highways where he was Executive Director of Major Projects and Capital Portfolio Management, leading the delivery of the UK Government’s £27 billion Road Investment Strategy. Prior to that Mumford held a number of senior consultant roles including Vice President at HKA and Senior Director at AECOM. Mumford is replacing Tom Edgcumbe who left Balfour earlier this year to join Aggregate Industries as head of its asphalt and contracting divisions. Mark...
Mumford joins Balfour Beatty from National Highways where he was Executive Director of Major Projects and Capital Portfolio Management, leading the delivery of the UK Government’s £27 billion Road Investment Strategy. Prior to that Mumford held a number of senior consultant roles including Vice President at HKA and Senior Director at AECOM. Mumford is replacing Tom Edgcumbe who left Balfour earlier this year to join Aggregate Industries as head of its asphalt and contracting divisions. Mark...
The firm has decided to drop its prescriptive Code of Conduct in favour of the Code of Ethics that sets out key principles it expects its staff and supply chain to adhere to. The ‘Doing the Right Thing’ Code is underpinned by a Speak Up hotline promising confidentially or anonymous use. Balfour chief executive Leo Quinn said that going forward the code and accompanying Supplier Standards would form part of Balfour Beatty contracts and ongoing relationship framework with suppliers. He said:...
The firm has decided to drop its prescriptive Code of Conduct in favour of the Code of Ethics that sets out key principles it expects its staff and supply chain to adhere to. The ‘Doing the Right Thing’ Code is underpinned by a Speak Up hotline promising confidentially or anonymous use. Balfour chief executive Leo Quinn said that going forward the code and accompanying Supplier Standards would form part of Balfour Beatty contracts and ongoing relationship framework with suppliers. He said:...
Among the top level management changes, Balfour Beatty highways and major projects chief Stephen Tarr is taking on extra executive responsibility for the Balfour Beatty Ground Engineering, Power Transmission & Distribution and Rail businesses in the new role of chief executive officer, Transport, Energy & Power Major Projects. Balfour Beatty said the change would bring energy and transport major project capabilities under one executive leader in the contractor’s targeted growth markets. Matt...
Among the top level management changes, Balfour Beatty highways and major projects chief Stephen Tarr is taking on extra executive responsibility for the Balfour Beatty Ground Engineering, Power Transmission & Distribution and Rail businesses in the new role of chief executive officer, Transport, Energy & Power Major Projects. Balfour Beatty said the change would bring energy and transport major project capabilities under one executive leader in the contractor’s targeted growth markets. Matt...