Site investigtions for the new Tyne tunnel could start as early as next month if negotiations, which began this week, are successful.
A consortium led by French contractor Bouygues was last week confirmed as preferred bidder for the £250M privately financed scheme to build an immersed tube tunnel under the river Tyne in Newcastle.The French contractor is now thrashing out a pre-development agreement with client Tyne & Wear Passenger Transport Authority (TWPTA). This will allow it to carry out site investigations and develop its design before a full contract is signed at the end of August.'[Starting work early] gives more certainty to the process between now and financial close and gives us an advantage in the programme.' said TWPTA project director Paul Fenwick.The agreement will secure Bouygues an undisclosed sum should it carry out the initial works but fail to sign the full contract.