News Story

Shortlist for Hounslow highways PFI

The London Borough of Hounslow has taken a major step forward in upgrading the vital highways and infrastructure in London by announcing a shortlist of bidders.

Invitation documents have now been issued to the three shortlisted bidders for the Authority's £1.4bn highways maintenance Private Finance Initiative (PFI) procurement.

The three consortia selected for the shortlist are: Skanska/John Laing, Vinci/Ringway and Balfour Beatty.

The contract includes a range of rehabilitation and maintenance services to be delivered over a 25-30 year period, including the financing, design and build of improvement schemes, carriageways and footways, streetlights, signs, bridges and related environment maintenance to the highway.

Trevor Wallis, Project Director for Hounslow's highways PFI said: "I am pleased with the progress that this project is making and the contribution that our advisors are making to this complex procurement.

"The project will deliver considerable benefits to Hounslow in terms of improving the highways infrastructure for local residents and other users of the area's busy network."

The shortlisted teams will now have until January 2011 to develop and submit their detailed proposals, including funding for the project.

Two consortia will then be chosen to submit final tenders and the selected bidder will be named in early 2012.