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Old November 24th 11, 08:19 PM posted to uk.railway,uk.transport.london
furnessvale furnessvale is offline
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Default Crossrail construction contracts let at low prices

On Nov 24, 9:14*pm, "Pat O'Neill" wrote:
"Bruce" wrote in message

...



Posted without comment:


Contractors reveal cut price deals for latest Crossrail contract
awards


24 November, 2011


Crossrail's Farringdon and Whitechapel main station contracts will be
delivered for less than half the anticipated £625M price, it has
emerged today.


The two winning consortiums will deliver the stations for a combined
£310M.


BBMV, a joint venture of Balfour Beatty, Morgan Sindall and Vinci
Construction, will build Whitechapel station for £110M. It was
originally expected to cost up to £250M.


A three-way joint venture of Kier, Bam Nuttall and Ferrovial will
build Farringdon station for a "£200Mplus" contract on the Crossrail
scheme for major works at Farringdon station, a statement from the JV
said. It was originally expected to cost up to £375M.


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I wouldn't like to be the resident engineer on those jobs as the
contractor pulls out all the stops to make up the lost cash.

George