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| Balfour Beatty wins contract in Denver, United States Balfour Beatty, the international infrastructure group, announces that the Denver Transit Partners (DTP) team has reached financial close for the design, build, finance and operation (DBFO) of the Eagle P3 commuter rail project in the Denver metropolitan area of the United States for the Denver Regional Transport District (RTD). Balfour Beatty will be responsible for a 50% or $500 million (£333 million) share of the $1 billion engineering, procurement and construction contract and a 33% or $340 million (£227 million) share of the $1 billion 29-year operations and maintenance contract. Notice to proceed was received concurrently with financial close of the DBFO project. The groundbreaking ceremony for phase one of the project is scheduled for 26 August 2010. Phase 2 is expected to be let in 2011. write your comments about the article :: © 2010 Construction News :: home page |