Balfour Beatty announced a 14% jump in underlying profits yesterday, saying the performance was boosted by growing its business outside the UK.
Infrastructure firm Balfour Beatty revealed a £29 million Aberdeen city bypass road hit to its 2018 results yesterday.
The Scottish Transport secretary has cautioned Aberdeen Bypass contractors against “using the north-east’s enthusiasm for the road” to “apply pressure” or “cut corners” as final work is carried out on the last section of the multi-million pound project.
Supply chain costs for oil and gas firms in north-east Scotland are expected to drop as a result of the newly-opened Aberdeen bypass, according to transport bosses.
The Aberdeen bypass contractors have said work on the River Don Crossing should be finished by Christmas subject to the weather and safety checks.
Transport chiefs are investigating claims that the Aberdeen bypass was delayed because of a failure to reroute an oil pipeline and other utilities on time.
One of the two partners in the consortium building the Aberdeen city bypass expects “practical completion” of the £745 million-plus project in the summer.
Motorists are being warned to expect some delays as part of the Balmedie to Tipperty section of the AWPR opens next week.
Transport chiefs have officially pushed back the completion date for Aberdeen’s long-awaited bypass – revealing the road is not now due to be open until late autumn.
More than £130million was wiped off the value of the parent of one of Scotland’s leading construction firms after the collapse of Carillion forced it to strengthen its balance sheet yesterday.
The Scottish Government has raised hopes that there will be no further delay to the completion of Aberdeen’s bypass following the collapse of Carillion and that 260 affected jobs could be saved.