Balfour Beatty unit wins California rail contract extension

Balfour Beatty unit wins California rail contract extension : Balfour Beatty’s professional services division, Parsons Brinckerhoff, has been awarded a two-year £78m contract extension by the California High-Speed Rail Authority.

The contract is for programme management services on the California high-speed rail project which will enable passengers to travel from Los Angeles to San Francisco at speeds of over 200 miles per hour.

The first phase of the planned 800-mile network will run from Los Angeles to the San Francisco Bay Area through California’s Central Valley, with subsequent phases connecting to San Diego and Sacramento.

Parsons Brinckerhoff has served as the project’s programme manager since 2006 and is assisting the California High Speed Rail Authority with all aspects of the programme.

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Source : stockmarketwire

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