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BRIEF-Balfour Beatty JV wins $625 mln U.S. contract
May 4, 2017 / 12:14 PM / 7 months ago

BRIEF-Balfour Beatty JV wins $625 mln U.S. contract

May 4 (Reuters) - Balfour Beatty Plc

* Balfour Beatty awarded Southern Gateway contract

* Been awarded a $625 million contract to reconstruct and improve ‘Southern Gateway’, an 11 mile stretch of road in Dallas, Texas

* Construction is scheduled to start in late 2017 with completion scheduled for 2021

* Has been awarded in joint venture to Pegasus Link Constructors LLC, a joint venture between Balfour Beatty (45 percent) and Fluor Corporation (55 percent)

* Construction is scheduled to start in late 2017 with completion scheduled for 2021 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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