The first piece of track specifically for use by Crossrail trains has been laid in London.
Balfour Beatty has laid the first bit of track on the 62-mile long Crossrail line, which is due to open in 2018. During construction the track will also be used during the fit-out of new tunnels being built beneath London.
Balfour Beatty project director Jeremy Lunn said: “This is a culmination of a lot of hard work and determination by our civils and rail systems teams who have overcome a number of complex technical challenges and delivered an impressive operation next to a live line. We now move in to deliver the next stages of the project eastwards towards Abbey Wood Station.”
Balfour Beatty is laying the new track as part of its £132 million Crossrail South East Section contract.
- Balfour Beatty issued a trading update this morning ahead of its AGM. It said it was focused on Build to Last transformation programme. The programme, launched earlier this year, aims to bring in an extra £200M cash and cut costs by £100M over its first two years. This is being done by strengthened operations and improved efficiency.
Balfour Beatty group chief executive Leo Quinn said: “We are making progress as we work to deliver the initial phase of the Build to Last transformation programme, against a backdrop of major short-term challenges. The internal focus on cash is vital to maintain a strong balance sheet through self-help. At the same time, we see continued evidence that we retain the support, trust and confidence of our customers in Balfour Beatty’s expertise. I continue to believe all our operations should achieve industry-standard performance against what appears to be a beneficial market environment.”