|
Partners
|
Contact Us
|
Our Work
Innovation
Portfolio
Projects
Case Studies
Services
Solutions
Commodity Prices
Our Teams
Quick Search
Civils
Highways & Bridges
Rail
Buildings
Atlanta
Austin
Charleston
Charlotte
Dallas
Fort Lauderdale
Fort Worth
Jacksonville
L.A. - O.C.
Orlando
Phoenix
Portland
Raleigh
Riverside-SanBer
Sacramento
San Diego
Savannah
Seattle
Ventura
Washington, D.C.
Our Company
Who We Are
Leadership
Accolades
Community Outreach
Zero Harm
Suicide Awareness
Media
Bridges To Prosperity
Our Careers
Work With Us
Career Opportunities
Our Relentless Allies
Search for:
< Back to Press Releases
Balfour Beatty Joint Venture Awarded $1.7 Billion Interstate Highway Contract by Texas Department of Transportation
May 31, 2019
DALLAS – Balfour Beatty, the international infrastructure group, today announces it has been selected, in joint venture, to deliver the $1.7 billion (c. £1.3 billion) Interstate 635 LBJ East project, on behalf of the Texas Department of Transportation.
Balfour Beatty has a 45 percent share in the joint venture with Fluor Corporation holding 55 percent.
Works include the reconstruction and widening of 11-miles of the interstate highway around the North and East of Dallas in Texas, including the I-30 interchange, as well as the construction of service roads and numerous intersection improvements along the route.
When complete, the interstate highway will consist of 12 lanes in total, widening the general-purpose lanes from eight to ten as well as two reconstructed existing, tolled managed lanes. The completed scheme will improve safety and reduce congestion for over 200,000 drivers who use the interstate daily.
Leo Quinn, Balfour Beatty Group Chief Executive, said: “Following the successful delivery of the Dallas Horseshoe project, and the continued delivery of the Southern Gateway project, this latest contract award from the Texas Department of Transportation demonstrates our market leading capabilities.
“With over half of Balfour Beatty’s construction revenue generated from our US operations, we continue to strengthen our business, benefiting from strong competitive positions in our chosen large and growing infrastructure markets."
Full contract award is expected in autumn 2019 with works expected to commence in early 2020, and substantial completion scheduled for late 2024. At construction peak, the joint venture will employ a workforce of around 500.