€110.100 The share price fell by -0.14 %   02/05/2024 17:35

VINCI Construction Grands Projets wins first phase of M1 motorway widening contract in the UK

23 January 2007 - New contracts - United Kingdom

The UK Highways Agency has awarded the first phase of the design-build contract for widening a section of the M1 to the MVM joint venture, made up of VINCI Construction Grands Projets (33%), Morgan Est (33%) and Sir Robert McAlpine (33%), supported by engineering firms WSP and Gifford.

The first phase covers the design and costing of the project, which involves widening a 23 km section of the motorway near Nottingham from a dual 3-lane carriageway to a dual 4-lane carriageway. The estimated value of the work is €500 million.

This is an ECI (Early Contractor Involvement) contract, which involves contractors in the project at the design and engineering studies stage, after which that target cost of the works, carried out on a cost-plus basis, is jointly agreed by the client and the contractor.

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.