logo
Share SHARE
FONT-SIZE Plus   Neg

TxDOT Opts Balfour Beatty JV Team As Bidder For Dallas Horseshoe Project

Balfour Beatty Plc (BBY.L) said it has been named as best value bidder, as part of a design-build joint venture with Fluor Corp., to undertake the upgrades and replacements of river crossings in Dallas, Texas. The Texas Department of Transportation's, or TxDOT, estimate for the design, construction, utilities and right of way for the project is around $798 million, or 502 million pounds.

The 'Dallas Horseshoe' project calls for the upgrade and replacement of the I-30 and I-35E bridges and construction of additional lanes as well as the previously designed Margaret McDermott bridges. TxDOT will utilise design-build project delivery to shorten the construction schedule and lower the overall cost. The design work will start in early 2013 and construction will be completed in 2017.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Snack and beverage giant Pepsico Inc. reported Thursday significantly higher profit in its third quarter, reflecting the absence of last year's hefty Venezuelan impairment charges, despite weak revenues. Core earnings and revenues beat market estimates. Further, the company lifted its fiscal 2016 forecast on its performance and outlook for the fourth quarter. Almost 71 percent of Americans say they don't save enough for their retirement, while around 54 percent believe they will never pay off their debt fully, according to a new national survey. The latest survey, commissioned by Experian together with Get Rich Slowly and other top U.S. personal finance... The biotech space is not for the faint hearted, given the ebbs and flows in terms of the returns from investing in it. However, for one who perseveres and astutely devises strategies with full cognizance of key regulatory events coming up, the probability of drug candidates getting FDA's blessings and sympathy plays in the space, it provides a sea of opportunity and huge upside prospects.
comments powered by Disqus
Follow RTT