PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: VINCI

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

VINCI Named Preferred Bidder for the Highways Maintenance Contract in the Isle of Wight, United Kingdom - The Isle of Wight Council has named VINCI preferred bidder for a 25 1/2-year contract to upgrade and maintain its 821 km of roads - VINCI.com
VINCI Named Preferred Bidder for the Highways Maintenance Contract in the Isle of Wight, United Kingdom

 

NewswireToday - /newswire/ - Rueil-Malmaison, Hauts de Seine, France, 2012/05/30 - The Isle of Wight Council has named VINCI preferred bidder for a 25 1/2-year contract to upgrade and maintain its 821 km of roads - VINCI.com. CAC 40; Euronext 100

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• A 25 ½ year PFI partnership contract;
• Total value: GBP 720 million (approximately €900 million).

The Isle of Wight Council has named VINCI preferred bidder for a 25 1/2-year contract to upgrade and maintain its 821 km of roads. The contract, which is subject to approval of the Department for Transport (DfT), is expected to start in April 2013.

Following an initial work phase for an amount of GBP 145 million (approximately €180 million), mainly financed by non recourse bank debt, the network (roads, bridges, pavements, street lights and signage, cleaning, upkeep of green spaces, etc.) will be maintained to the highest standards.

The total value of the contract (work phase and maintenance) is GBP 720 million (approximately €900 million). The consortium will be paid a fee based on network availability.

The consortium comprises VINCI Concessions, which holds shares in the concession company, and Ringway (a subsidiary of Eurovia, which is in turn a VINCI subsidiary), in charge of construction, operations and maintenance.

This contract is the second Highways PFI secured by VINCI in the United Kingdom, after the London Borough of Hounslow Highways PFI earlier this year.

About VINCI

VINCI (vinci.com) is the world leader in concessions and construction, employing close to 180,000 people in some 100 countries. We design, build, finance and manage facilities that improve everyday life: the systems that transport us, the public and private buildings in which we live and work, the urban developments that create and improve our communities, and the water, energy and communication networks vital to human existence. As a private sector company contributing to the development of society, VINCI successfully blends a business focus on today’s priorities with the long-term sustainability of its accomplishments and integrated concessions-construction business model.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: VINCI

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


VINCI Named Preferred Bidder for the Highways Maintenance Contract in the Isle of Wight, United Kingdom

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

VINCI |
Publisher Contact: Maxence Naouri - VINCI.com 
+33(0)1 47 16 31 82 maxence.naouri[.]vinci.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any VINCI securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From VINCI / Company Profile


Read Construction/Architecture/Infra Most Recent Related Newswires:

CIMIC's CPB Contractors Awarded Sydney Metro Works
CIMIC's Thiess Awarded $195 Million Yallourn Mining Extension
Turner-PCL Begins Expansion of San Diego International Airport
CIMIC’s CPB Contractors Wins Nz$ 82m Baypark to Bayfair Upgrade
CIMIC's Sedgman Wins $107M Base Metals Project
CIMIC’S Leighton Asia Awarded A $436M Building Contract
McCarthy Completes Construction of New 52 MWAC Solar Facility
Eurovia Awarded Motorway Contract in Slovakia
CIMIC's Thiess Wins Mount Pleasant Mining Services Contract
VINCI Highways Completes the Financial Arrangements for the A7 Motorway Public-private Partnership (A-Modell*) in Germany
CIMIC Group Companies Awarded NZ Schools PPP Project
Two Large VINCI Concessions Motorway Projects Open to Traffic in Greece
CIMIC's Leighton Asia Wins A$70.4m Ikea Outlet in India
HOCHTIEF Consortium Inaugurates Highway Route in Greece
CIMIC's Leighton Asia Wins A$278m Hong Kong Airport Expansion

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Persistence Market Research (P) Ltd

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)