Balfour Beatty is set to build, renovate and manage another
858 homes for United States military personnel and their
families in a second housing deal with the US Air Force
Under the terms of the agreement Balfour Beatty Communities
- a division of Balfour Beatty Capital Group - has been
selected as preferred bidder for 858 housing units at two
bases located in Texas and Georgia and will enter into
exclusive negotiations for the accommodations with the Air
This follows hard on the heels of a similar announcement
nine days ago in which Balfour Beatty and its partners were
chosen to enter exclusive negotiations for 4,761 military
homes at sites in North Dakota, South Dakota, Idaho and New
Chris Williams, President of Balfour Beatty Communities,
said the company was "very pleased" to have been chosen for
the project. "Throughout our organisation we look forward
to serving these brave military members and their
families," he added. New building work, performed by
Balfour Beatty Construction, will take three and a half
years and ongoing management of the units involves a
Balfour Beatty has now broadened its geographic footprint
throughout the U.S. to 55 military installations across 25
states together with Washington, D.C. Today's £46 million
announcement and the £297 million deal announced last week,
brings the total value of the contracts to £343 million.
Balfour Beatty plc
Tel 020 7216 6924
Balfour Beatty plc
Tel 020 7216 6911
Notes to Editors:
Balfour Beatty (www.balfourbeatty.com)
is a world-class infrastructure group with capabilities in
professional services, construction services, support
services and infrastructure investments.
We work in partnership with our customers principally in
the UK, continental Europe, the US, South-East Asia,
Australia and the Middle East, who value the highest levels
of quality, safety and technical expertise.
Key infrastructure markets include transportation (roads,
rail and airports); social infrastructure (education,
specialist healthcare, and various types of accommodation);
utilities (water, gas and power transmission and
generation) and commercial (offices, leisure and retail).
The Group delivers services essential to the development,
creation and care of these infrastructure assets including
project design, financing and management, engineering and
construction, and facilities management services.
Balfour Beatty employs 50,000 people around the world.