Mowlem team withdraws from New Tyne Crossing

Carillion's acquisition of Mowlem has led to the T4 consortium withdrawing from bidding for the New Tyne Crossing.

The T4 team included Mowlem, Edmund Nuttall and Vinci. A statement from New Tyne Crossing said: "T4 has withdrawn because of issues within the consortium arising from the change of ownership of one of its member companies."

Project director Paul Fenwick said: "While it is disappointing that T4 has withdrawn, there could be a positive impact on timescales. We now only need to evaluate two bids. If one bid is clearly superior to the other, then we may be able to appoint a concessionaire without going to the BAFO stage."

The two remaining bidders are: Connect North East (Balfour Beatty Capital Projects and Volker Stein Construction Europe); and Bouygues.

The deadline for tenders is 7 August.