Balfour Beatty (GB:BBY) has released an update.
Balfour Beatty has secured a $746 million contract to rebuild a section of Interstate 35 in Austin, Texas, enhancing connectivity for around 200,000 daily drivers. The project involves constructing a new bridge over Lady Bird Lake and upgrading multiple access roads, with main construction set to begin in 2025. This significant contract highlights Balfour Beatty’s strong civil engineering expertise and strategic approach to long-term partnerships.
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