Balfour Beatty

Balfour eyes auto-contract system as adviser deal renewed

Balfour Beatty logo

Balfour Beatty has renewed its agreement with Pinsent Masons for law firm to be its sole adviser and help develop an automated contract review system.

The deal, which runs until 2020, will see Pinsent Masons provide legal services on routine projects for a fixed price. There is also an option for it…

Balfour Beatty sells another chunk of M25 business

M25 Infrastructure transport roads motorways 2

Balfour Beatty has sold an additional 5 per cent stake in its M25 operations business Connect Plus for £42m.

The stake was sold to Equitix Investment Management, which also exercised its option to purchase the 7.5 per cent that it agreed in January taking its total holding to 12.5 per cent. Balfour…

Balfour Beatty JV wins £1.4bn LAX airport deal

CREDIT Don Ramey Logan_Los Angeles International Airport aerial

Los Angeles International Airport (LAX) has awarded a Balfour Beatty joint venture the $1.95bn (£1.38bn) contract to deliver a new transportation system.

CREDIT Don Ramey Logan_Los Angeles International Airport aerial Source: Don Ramey Logan The JV, which also includes Dragados and Fluor, will design and build a 3.6 km automated train…