14:00 13 Oct 2006
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The shortlist for the £4.5bn M25 DBFO (Design, Finance, Build and Operate contract) has been announced by the Highways Agency.
Making the cut are:
This means that the project management approach taken by both CircuLON (Fluor & Transurban Ltd) and Macquarie Motorway Group (
The final phase of tendering for this PFI contract is due to start early in 2007 and the contract is expected to be awarded in 2008. Subject to completion of the statutory procedures, work could start in early 2009.