Vinci Ringway wins £800m Hounslow highways

Grant Prior 12 years ago
Share

A Vinci/Ringway joint venture has beaten rival Balfour Beatty to be named as preferred bidder by the London Borough of Hounslow for its £800m PFI highways maintenance contract.

The 25-year deal will see Vinci Ringway give a massive makeover to the borough’s 259 miles of road and 458 miles of pavements.

A business case will be now submitted to the Department for Transport for approval in April.

Once this is approved in the summer, the contract will be signed and preparations will begin in July to start work in January 2013.

The first five years of the contract will see Vinci Ringway make an initial investment of £100m to upgrade the road network.

This will then be maintained to the improved standard for the rest of the contract.

The deal will include upgrading and improving roads, pavements, street lights, street cleaning, signs, street furniture such as benches and bollards, as well as drains and gutters across the borough.

As part of the arrangement, 200 London Borough of Hounslow staff will transfer across to Vinci Ringway through TUPE arrangements to the preferred provider.

Cllr Corinna Smart, cabinet member for environment at the council said: “I am delighted that we have reached the significant milestone of announcing our preferred bidder.

“This contract will literally change the face of the London Borough of Hounslow. It will be a massive boost for residents, businesses and visitors.

“We know our roads and pavements are in poor condition, and to get them up to the standard we want would cost more money than we could ever afford. This PFI provides an affordable way of tackling the problem and getting shot of the grot.”

Phil Jackson, the bid director from Vinci Concessions, said: “We are absolutely delighted to have been chosen to work with the London Borough of Hounslow on this pathfinder Highways Maintenance project.

“We have developed a strong partnership working relationship with our colleagues from the client team during the bidding process and are confident that together we can provide a world class highway service in Hounslow.”

Ringway group managing director Scott Wardrop said: “Ringway is a company that was ‘born’ in London in 1976 and we have been providing high quality highway surfacing and related services to the residents of Hounslow for the last 20 years.

“We are delighted that we will be able to continue that relationship for another 25 years through this Highway PFI project that helps regenerate the streetscene of the borough.”

Latest news

Director jailed for exposing workers to asbestos

Ten tonnes of asbestos insulating board stripped out by unqualified workers
10 seconds ago

Site labour rates start rising again

Industry's biggest payroll firm says "it feels like things could be turning round"
5 hours ago

Council finds extra £33m for Buckinghamshire link road

South East Aylesbury Link Road costs soar by nearly 30% to £147m
4 hours ago

Quartet win £490m North West & Central railway works deal

Skanska, Kier, Octavius Infrastructure and Story Contracting bag major projects deal
5 hours ago

Unite Students plans first major mixed-use scheme

Developer's first mixed BTR and PBSA project to be built in Edinburgh
20 hours ago

Galliford Try names new finance director

Rentokil's Kris Hampson joins contractor to replace Andrew Duxbury
6 hours ago

Council boss hits out at bat threat to £274m road job

Natural England could scupper scheme due to be built by Ferrovial
6 hours ago

Hydrogen-fuelled diggers to be allowed onto highways

Government to raise barrier to widespread use of hydrogen fuelled plant in construction
21 hours ago

Plans in for £118m Government hub in Darlington

Work pencilled to start later this year on new home for 1,450 civil servants
21 hours ago

New contractor highlights Henry Construction jobs on website

New firm lists jobs by failed contractor to show its experience
1 day ago

Contractors line up for £2.6bn Anglian Water AMP8 deal

Eight big names land places on pioneering @one Alliance
2 days ago

McAleer & Rushe bags first major later living project

Work to start this month on 167-flat Royal Tunbridge Wells project
1 day ago

Kier starts first all-electric prison houseblock job in Kent

Next-generation fully electric T60 prison houseblock to be built at HMP Elmley
1 day ago

Keepmoat sees better times ahead in housing market

Profits dip in 2023 despite construction of record number of new homes
1 day ago

Vistry signs partnership deals for 1,900 mixed tenure homes

West Sussex former airfield and Newmarket sites to break ground
2 days ago

Turnover at Wates tops £2bn for first time

Construction division exceeds £1bn turnover as average contract value hits record high of £48.3m
2 days ago

L&G looks to sell Cala Homes in exit from house building

Insurance giant reported to be preparing to offload 3,000 homes-a-year developer
3 days ago

Multiplex profit almost trebles as margin hits 5.5%

Revenue jumps 20% to £675m as big London scheme complete
2 days ago

TopHat puts plans to open huge Corby factory on hold

Advanced manufacturing facility was due to employ 1,000 people
2 days ago

Laing O’Rourke lands Calderdale hospital job

Enabling works to start by the end of this year at West Yorkshire site
2 days ago

Go-ahead for £475m Sunderland film and TV studios

Work to start this year on first phase Corwn Work studios
2 days ago

Willmott Dixon set for £20m Stockport Community Hub

Planning decision expected in June on Marple leisure and health clinic project
2 days ago

Police hunt for blundering dumper truck thief

Raider drove into a fence before getting stuck on a bank
2 days ago

Beattie Passive files administration notice

Passivhaus pioneer has been in business for more than ten years
3 days ago

McAlpine set for £50m space and tech centre

Northumbria Uni sign pre-con deal for new satellite research hub
3 days ago

VolkerFitzpatrick seals £34m Kent road viaduct

Work to start next year on Sturry Link Road near Canterbury
3 days ago

Eight win £600m Scottish civil engineering framework

Balfour, Farrans, Graham and Morgan Sindall win major works lot
3 days ago

Site engineer crushed to death by excavator

22-year-old victim died just months after graduating from university
5 days ago

NG Bailey fined £135,000 after hospital site death

Worker died after striking overhead beam while navigating a mobile elevating work platform
6 days ago

Kier lands £30m Mansfield Connect project

Construction to start in January 2025 on town centre regeneration scheme
3 days ago

Contractor services