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| IXAS Zuid-Oost selected for the project A9 Gaasperdammerweg in the Netherlands Fluor Corporation (NYSE: FLR) announced that the Directorate-General for Public Works and Water Management of the Netherlands Rijkswaterstaat has announced its intention to appoint IXAS Zuid-Oost, a consortium consisting of Fluor, Ballast Nedam, Heijmans and 3i Infrastructure plc, as the selected bidder for the public-private-partnership (PPP) project A9 Gaasperdammerweg in the Netherlands. The project includes the design, build, management, maintenance and financing of the existing and new infrastructure of the A9 motorway between Diemen and Holendrecht. The project has a total nominal value of approximately $945 million (€700 million), including a 20-year management and maintenance period after the new infrastructure becomes available. The project consists of all the work to be performed in connection with the reconstruction and expansion of the A9 motorway between the junctions of Holendrecht and Diemen in the region of Amsterdam, including the bridge over the river Gaasp, the road surface on the A9 Gaasperdammerweg and the construction of an approximately three-kilometer cut-and-cover tunnel. Ballast Nedam, Fluor, Heijmans and 3i Infrastructure plc will be the sole shareholders in the project, with an equal share each. Ballast Nedam, Fluor and Heijmans will participate in the construction and operation phase with an equal share of one third each. Rijkswaterstaat expects the final award of the project on August 19, 2014, after the expiration of the Alcatel period. write your comments about the article :: © 2014 Construction News :: home page |