Thames Water this week named eight contracting joint ventures that will tender for the £2.3bn main construction phase of the Thames Tideway Tunnel.
They will bid for one or more of the three work packages – west, central and east.
The three main works packages are worth a total of up to £2.3bn. West is worth between £300M and £500M; central between £600M and £950M; and east between £500M and £800M.
Shortlisted for the west section are: Bam Nuttall, Balfour Beatty, Morgan Sindall JV; Costain, Vinci, Bachy JV; Dragados, Samsung JV; Ferrovial Agroman, Laing O’Rourke JV.
Shortlisted for the central section are: Bam Nuttall, Balfour Beatty, Morgan Sindall JV; Costain, Vinci, Bachy JV; Ferrovial Agroman, Laing O’Rourke JV; Skanska, Bilfinger, Razel Bec JV.
Shortlisted for the east section are: Bam Nuttall, Balfour Beatty, Morgan Sindall JV; Bechtel, Strabag JV; Bouygues; Costain, Vinci, Bachy JV; Hochtief, Murphy JV.
Procurement of the three tenders is being staggered. West will be tendered first, then east, then central. This will be done between November 2013 and April 2014, before the preferred bidders are announced in early 2015.
The project is expected to be financed and delivered by an independent Infrastructure Provider (IP), with its own licence from regulator Ofwat.
Thames Water, the government and Ofwat are working together to finalise the financing arrangements for the project. Procurement of the new IP is expected to begin in 2014 and is expected to take between six and nine months.