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SRA £500m tube work attracts major firms
00:00 01 Aug 2001
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The Strategic Rail Authority (SRA) is running the rule over
prequalification bids for the long-awaited £500m extension to
London Underground's East London line.
Among the international line-up of hopefuls are consortia featuring Jarvis/Bechtel/Bank of Scotland; Amec/Mowlem; Carillion/Balfour Beatty; Skanska/ Amey; and Fluor Daniel/First Engineering.
It is understood that the design, construct, finance and maintain deal has also attracted interest from major players on the European construction stage as well as from Australia.
Sources say that in November this year the SRA will shortlist between three and five groups to work up bids for the project.
Tenders for the 20-year concession are due back by next January, with a start on site expected early in 2002.
The new line will run from Whitechapel to Highbury & Islington in the north and to Croydon and Wimbledon in the south.
The project also involves a £30m package of site remediation work, which will he handled by London Underground.
Tenders for this are expected to go out in October or November this year.
Among the international line-up of hopefuls are consortia featuring Jarvis/Bechtel/Bank of Scotland; Amec/Mowlem; Carillion/Balfour Beatty; Skanska/ Amey; and Fluor Daniel/First Engineering.
It is understood that the design, construct, finance and maintain deal has also attracted interest from major players on the European construction stage as well as from Australia.
Sources say that in November this year the SRA will shortlist between three and five groups to work up bids for the project.
Tenders for the 20-year concession are due back by next January, with a start on site expected early in 2002.
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The new line will run from Whitechapel to Highbury & Islington in the north and to Croydon and Wimbledon in the south.
The project also involves a £30m package of site remediation work, which will he handled by London Underground.
Tenders for this are expected to go out in October or November this year.
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