Partner Article
Balfour Beatty seals £170m two-year London Underground track improvement extension
International construction and infrastructure group Balfour Beatty has been awarded a two-year extension, worth £170m, on its London Underground track partnership.
The deal will see Balfour continue to deliver essential track renewal work across the Underground network and its 402 kilometers of track.
The contractor has been working on track renewal and improvements, including points work, ballasted track renewal installation and signaling, since winning the initial contract in 2010, which included an option to extend for two years.
By taking up the extension, Balfour will continue to partner with London Underground until March 2018.
Leo Quinn, Balfour Beatty Group Chief Executive, said: “With world-class expertise in track, electrification and power supply systems, Balfour Beatty Rail is a significant player in the UK rail infrastructure market.
“We have utilised these market-leading skills and expertise working with London Underground over the last 13 years. This extension is a clear sign of London Underground’s confidence in the capability of Balfour Beatty within the Track Partnership”.
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