A joint venture featuring Balfour Beatty has landed a massive $1.95bn (£1.4bn) contract to design, build, finance and operate (DBFO) a new automated people mover at Los Angeles International Airport (LAX).
The contract was awarded by Los Angeles World Airports to the LAX Integrat Express Solution (LINXS) JV, led by Balfour Beatty and Fluor Corporation, which each have 30% stakes, alongside junior partners Flatiron West Dragados USA, with 20% shares apiece.
The design and build contract includes the design of a 3.6km, above ground airport transport system connecting the LAX central terminal area to a proposed consolidated car hire centre, six stations and a vehicle maintenance facility.
Nine trains will operate simultaneously on the people mover, which will also feature moving walkways to the terminals and parking garages.
Balfour Beatty Investments and Fluor will hold equity in the JV, as will Hochtief PPP Solutions, ACS Infrastructure Development and Bombardier Transportation.
Balfour Beatty Investments said the deal was its first major public-private partnership in the US civil infrastructure market.
Balfour Beatty chief executive Leo Quinn said: “This award at LAX, one of the world’s busiest airports, recognises our expertise and track record for delivering critical transportation infrastructure.”