December 27, 2017 / 11:31 AM / 6 months ago

BRIEF-Balfour Beatty Says JV Awarded Contract By Massachusetts Bay Transportation Authority​

Dec 27 (Reuters) - Balfour Beatty Plc:

* AWARDED, IN JOINT VENTURE, $1.08BN GREEN LINE EXTENSION DESIGN AND BUILD CONTRACT BY MASSACHUSETTS BAY TRANSPORTATION AUTHORITY

* BALFOUR BEATTY'S REVENUE SHARE IS 25 PERCENT.

* CONSTRUCTION IS EXPECTED TO COMMENCE IN 2018 AND IS SCHEDULED FOR COMPLETION IN 2021.​

* THE FOUR-WAY EQUAL JOINT VENTURE COMPRISING BALFOUR BEATTY, FLUOR CORPORATION, MIDDLESEX CORP. AND HERZOG CONTRACTING CORP Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below