Construction, services and property group Kier said a joint venture between itself, BAM and Ferrovial had been awarded a £200m contract on the Crossrail scheme.
Crossrail is a long awaited project to build a new railway link under central London.
The contract will see Kier and its partners working on Farringdon station, which it said was key to the delivery of Crossrail because it was where the western and eastern running tunnel contracts terminate and where four tunnel boring machines would be retrieved.
Subscribe to 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
Works include the excavation, construction, mechanical, electrical and building fit-out of the western and eastern ticket halls, the enlargement, construction, mechanical, electrical and building fit-out of the twin platform tunnels and associated cross passages.
Works are due to start in January 2012 with completion scheduled for 2018.
"We are delighted to be part of this major scheme and look forward to demonstrating how the combined resources and experience of the three partners will be making a significant contribution towards the successful delivery of this world class project," said Kier chief executive Paul Sheffield.
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
