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| Balfour Beatty awarded project by US Department of the Air Force Britain's Balfour Beatty announces that Balfour Beatty Communities, its US PPP concession arm, has finalised agreements with the Department of the Air Force to be the private sector partner for the Air Mobility Command (AMC) West Military Housing Privatisation Project, covering three Air Force bases, including Fairchild Air Force Base, located near Spokane, Washington; Travis Air Force Base, located near Fairfield, California; and Tinker Air Force Base located near Oklahoma City, Oklahoma. The project has a 50-year term, commencing with a seven-year Initial Development Period and an estimated value in excess of $410 million, including the design, construction and/or renovation of, and overall management, maintenance and operational responsibilities for, a total of 2, 435 end-state housing units. Construction will be undertaken by Balfour Beatty Construction US, which is executing all Balfour Beatty Communities' construction work in a programme which stretches to 2015. write your comments about the article :: © 2008 Construction News :: home page |