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Balfour Beatty/Skanska wins £5bn M25 deal

A £5 billion deal to widen the M25 motorway around London has gone to a consortium led by Balfour Beatty and Skanska.

The Connect Plus team, which also features Atkins and Egis Projects, was announced as preferred bidder for the contract this morning.

The deal will see Connect Plus widen four sections of the M25 between junctions 16 and 23; 5 to 7; 27 to 30 and 23 to 27, as well as taking responsibility for maintaining the motorway and its structures over a 30 year period.

The decision ends the interest in the deal from rival bidders Flow (Vinci, Autoroutes du Sud de la France, Laing Roads, Carillion, Costain, Ringway, Mouchel, Norwest Holst and Jacobs); Amey, Laing O'Rourke and Ferrovial Agroman.

Having chosen its preferred bidder the Highways Agency expects to award the contract by the end of the year.