A joint venture between Ferrovial-owned integrated public service provider Amey and transport infrastructure specialist Colas has landed a £250 million (€275 million; $403 million) contract to upgrade rail infrastructure in the UK.
The firms have been selected as the preferred bidder by Network Rail, the owner and operator of Britain’s railway infrastructure, to operate and maintain its fleet of high-tech, high-output track renewal systems over the next four years.
The contract will see over 2,500 kilometres of track, or 30 percent of Network Rail’s network, renewed and replaced. Work is set to start in January.
Amey and Colas saw off competition from three rival bidding consortiums, including Rail Link JV (Balfour Beatty, Sersa and Bahn Bau), SB Rail JV (Babcock Rail and Swietelsky) and VolkerWeiss JV (Volker Rail and Leonhard Weiss).