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(Sharecast News) - Infrastructure firm Balfour Beatty said on Monday that it has secured a 315m seven-year Warwickshire Highways maintenance contract from Coventry City Council, Solihull Metropolitan Borough Council and Warwickshire County Council.
The new contract marks Balfour's third consecutive term delivering the Warwickshire Highways maintenance contract, taking the partnership through to Spring 2033. There is also an option to extend the contract by a further six years based on the successful delivery of the initial term, worth up to 900m.
Balfour Beatty Living Places - the company's local road maintenance, street lighting and publicrealm service provider - will be responsible for delivering road maintenance services to more than 5,000 kilometres of roads as well as cyclical maintenance to over 55,000 streetlights.
Chief executive Philip Hoare said: "This award reflects the confidence and trust our customers place in Balfour Beatty. Over the last fifteen years, we have worked collaboratively with our local authority partners to build a strategic infrastructure partnership that combines effective asset management and improving services to deliver strong, measurable outcomes.
"Long term partnerships such as this are critical to the delivery of essential infrastructure, enabling sustained investment in people and services so that we can provide better outcomes for communities."
The contract will begin in Spring 2026 and at peak, will employ around 160 people, including multiple graduate and apprenticeship positions.
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