Transport for London has announced a shortlist of three for the £260m Barking Riverside rail extension.
TfL is extending the London Overground Gospel Oak to Barking line to aid the development of more than 10,000 homes at Barking Riverside, as well as a school, healthcare and retail facilities.
The shortlisted bidders are: Balfour Beatty, Carillion and VolkerFitzpatrick.
Construction News revealed in August that Acciona and Clancy Docwra, Bouygues TP / Murphy, Skanska / Colas Rail, Kier / Alstom and Taylor Woodrow / Amey were among those eying up bids for the scheme.
A Transport and Works Act Order for the 4.5 km extension was submitted to former transport secretary Patrick McLoughlin in March 2016 and, if approved, could mean construction beginning in late 2017 with train services commencing in 2021.
The majority of the scheme will be funded by the developers, Barking Riverside Ltd – a joint venture between the GLA (49 per cent) and London & Quadrant (51 per cent), which are providing £172m. The remainder is being provided by TfL.
The JV was reformed following the sale of former partner Bellway Homes shares to L&Q.
Bellway Homes received a £43.5m windfall from its sale of its interest in the Barking Riverside development.
The housebuilder sold its entire interest in the Barking Riverside joint venture with the Greater London Authority to L&Q in March.