Stansted Airport has started the bidding process for its planned £340m expansion programme.
Manchester Airport Group, the owner of Stansted, will host a supplier engagement day next month for firms interested in working on the redevelopment of London’s third busiest airport.
The completed project will include a a new multi-million-pound arrivals terminal designed by Pascal + Watson, as well as a major redevelopment of the airport’s main terminal.
The procurement will be split into two lots covering both parts of the project. Competition for the arrivals lounge lot will begin in Q2 of this year, with cost of the new terminal estimated at between £120m and £150m.
The departures lounge redevelopment, which is expected to cost between £180m and £230m, will start in Q4 of this year. The redevelopment will see the current main terminal building converted to house only departing passengers.
Last April Stansted had plans approved by Uttlesford District Council for the new terminal, which will be able to accommodate up to 35m passengers a year, up from its current level of 24m passengers per year.
The construction of the arrivals building will start later this year and is expected to take up to three years, while the redevelopment of the existing terminal building is expected to be operational in 2022.