Bechtel To Sell One Third Interest In TfL
After completion of the sale, Bechtel will continue to work with London Underground for an interim period to enable a smooth transition of the capital works programme to London Underground. Amey will continue to provide management and maintenance services to Tube Lines.
Mike Adams, president of Bechtel Civil, said: “We are extremely proud to have played an important role in delivering the substantial improvements in performance on the Jubilee, Northern and Piccadilly lines, while transforming safety for people working on the network. These achievements are a tribute to the dedication and hard work of Tube Lines’ employees.”
Mike Brown, managing director of London Underground, said: “We welcome this agreement with Amey and Bechtel, which will enable us to continue with the vital upgrade of the Tube while providing greater flexibility in the way that is achieved.”
Will this move benefit Bechtel?
Have your say and discuss with your peers on the InfoGrok community.
Participate by posting your comments now.