By Staff writer
Flow, a consortium made up of Carillion, Costain, Jacobs, John Laing, Mouchel Parkman and Vinci, has been short-listed to tender for the M25 design, build, finance and operation contract.
The work will involve a phased widening of 101km of the motorway to four lanes in each direction, as well as operating and maintaining the complete motorway infrastructure over a 30-year period.
The total value of the contract will be more than US $9 billion (£5 billion).
The final phase of tendering for this PFI contract is due to start in early 2007 and the contract is expected to be awarded in 2008.