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Balfour Beatty has emerged as frontrunner for the next contract to be let on the M74 project in Scotland.The firm is understood to have fended off a strong challenge from Tarmac and is now favourite for the £25 million Water of Milk-Ecclefechan stretch.There are rumours that Balfour Beatty was favoured on a lump-sum, fixed price basis, so the Scottish Office may not have gone for the lowest price.If Balfour is in pole position, it means two contractors making their second forays ...

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