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Balfour Beatty, the FTSE 250 international infrastructure group, has signed a long-term contract to manage and maintain major trunk roads in the South West of Scotland.
The deal was awarded by the Scottish Ministers and has a total potential value in excess of £125m.
The initial term of the contract is five years, beginning April 1st, and can be extended for another 10.
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Balfour Beatty Chief Executive, Ian Tyler, said: "We are delighted to have been selected by the Scottish Ministers to deliver this contract to maintain roads on routes vital to the country's economy.
"We look forward to continuing to work closely with Transport Scotland, building on our successes and bringing innovative and efficient approaches to improving trunk road maintenance."
The South West region covers an area stretching from Stranraer in Dumfries and Galloway to Alexandria in Strathclyde. It includes 681 kilometres of roads and 1,912 structures.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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