Carillion wins M6 motorway contract
Support services firm Carillion has kicked off 2012 with a contract on the Birmingham section of the M6 motorway.
Support services firm Carillion has kicked off 2012 with a contract on the Birmingham section of the M6 motorway.
The £104.9m contract is to transform the section of the M6 between junctions 5 and 8 into a so-called managed motorway. Managed motorways use various technological features combined with new operating procedures to actively control traffic flow. This includes variable mandatory speed limits and opening up the hard shoulder to traffic to reduce congestion and improve journey times and safety.
Advance works for the contract are due to start at the end of January 2012 and the main works by June 2012, subject to the completion of the statutory process, with contract completion scheduled for 2014-15.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
--
jh
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.
-
How inheritance tax trick is helping families save ‘six-figure sums’
Happy to skip a generation to save thousands on inheritance tax? A deed of variation could be the estate planning tool you need.
-
Nationwide: House prices unexpectedly dropped in August
House prices fell by 0.1% in August in a surprise drop, according to Nationwide, as “affordability remains stretched”