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| Balfour Beatty awarded two National Grid gas contracts Balfour Beatty, the international infrastructure group, has been awarded two eight-year contracts with National Grid to upgrade the UK's gas distribution network. The contracts, valued at £1.2 billion, involve the design and installation of modern polyethylene gas distribution mains to replace aging metal pipes, as part of a programme of work agreed between National Grid and the Health and Safety Executive. The new Gas Distribution Strategic Partnership contracts cover the North West and West Midlands and will replace Balfour Beatty's current gas contract in the North West. Balfour Beatty will invest £55 million of working capital in the contracts. These contracts build on Balfour Beatty's existing electricity alliance contract with National Grid which involves the ongoing upgrade and refurbishment of the high voltage transmission network owned by National Grid across England and Wales. write your comments about the article :: © 2012 Construction News :: home page |