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Tarmac looks set to hammer up its signboard on the M3 extension contract, near Twyford Down, Hampshire.Its price for the job, between £25 million and £26 million, is understood to have undercut second-placed Mowlem by around £800,000.Mowlem has carried out the preliminary works on the controversial M3 scheme and has previously worked on projects to the north and south of the site.One contender dismissed Tarmac's price as 'ridiculous', but another put a milder gloss on ...

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