Three construction and finance groups have been shortlisted to tender for the £5bn M25 Design, Build, Finance and Operate contract, the Highways Agency announced today.
The final phase of tendering for this DBFO contract is due to start early in 2007 and the contract is expected to be awarded in 2008. Subject to completion of the statutory procedures, work could start in early 2009. The successful shortlisted groups are: - Amey, Laing O'Rourke & Ferrovial Agroman; - Connect Plus (Balfour Beatty, Skanska, Atkins Ltd and Egis Projects SA)- Flow (Vinci, Autoroutes Du Sud De La France, Laing Roads Ltd, Carillion, Costain, Ringway, Mouchel Parkman, Norwest Holst and Jacobs)(p>The project is being offered as a single DBFO contract. The successful bidder will be responsible for the phased widening of 100km of the M25 (most of the remaining three-lane sections) to four lanes in each direction and this work will be phased over the period 2008 to 2016.It is expected that widening works will be suspended while the 2012 Olympic Games are underway. The new lanes will help to improve traffic flows on the M25, which is one of the world's busiest roads on which users experience poor journey time reliability, especially at peak times.