A consortium of Balfour Beatty and Bam has been appointed preferred bidder by Ireland’s National Roads Authority for the £250M N17/N18 Gort to Tuam PPP roads scheme.
The N17/N18 contract is a 25-year concession in which time the consortium will design, build, finance and maintain approximately 57km of motorway between Gort and Tuam in the West of the Republic as part of the Atlantic road corridor. The scheme includes 38 bridges and a major intersection with the new M6 Dublin to Galway inter-urban motorway.
Once financial close is reached, work on the project is expected to begin in early 2011 with completion of the construction contract scheduled for the end of 2014.
Balfour Beatty will invest equity of £17M in the project