Thursday, April 9, 2009

ВЈ674m PFI funding for Sheffield roads

The government has signed ВЈ674m of Private bridging finance Initiative (PFI) funding to improve roads in Sheffield.

The award is the largest PFI award ever granted to a local authority and will allow Sheffield City Council to carry out improvements and maintenance to local roads over the next 25 years.

Work will include:

road surface improvement and maintenance footway and cycleway maintenance bridges and other structures street lighting improvement and maintenance upgrades to traffic signals, signs, street nameplates and road markings planting of trees along the roadside street cleaning and grounds maintenance winter maintenance

Sheffield Council will now start procurement arrangements by issuing a notice in the Official Journal of the European Union (OJEU). Work is scheduled to start in 2011.

Crossrail announces winners on ВЈ100m enabling works frameworks